Risked 5 cent so I was able to get more shares while keeping to my max loss per trade rule. Sold half at 1:2 RR, then moved SL with 9MA until it sold the remaining lot at the touch of 9ma.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-01 13:12:56 | JRJC | sell | $6.160 | short |
2014-10-01 13:22:22 | JRJC | buy | $6.060 | short |
2014-10-01 13:58:04 | JRJC | buy | $5.930 | short |
2014-10-01 13:58:06 | JRJC | buy | $5.951 | 0 |
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solid trade IMO.
perhaps whole number 6 could have been first target, instead of 6.06,
but that's a detail.