this looked like it was breaking out with higher highs. I put the stop just under. Is it a bad idea to buy like this without a long consolidation period going long. I've noticed that I've lost on these trades when I take them late in the day. Or maybe I should have just bought the dips? I've been trading a lot of simulated trades for practice, but maybe I should just trade off of my plan which is sticking to 3 good set-ups a day. Any advice?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-26 13:50:46 | EDAP | buy | $2.520 | long |
2014-11-26 14:41:12 | EDAP | sell | $2.460 | 0 |
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Look at the gaps in the intraday charts. This is a stock I would pass on. This chart is to messy. Not enough volume to get a good read.