Shared by
Driver42_BOWS
Bought on the bounce off the vwap and 50ma in anticipation of a bull flag break.
Scaled in to this trade and had some really good profit in it but each time I entered a sell order at the offer or just above it the price dropped off a cent.
Very frustrating as I could see the price moving up and down a cent but each time it got close to me it dropped off again.
I was determined to get some good profit out of it and instead gave away about 75% of it.
A very poorly managed trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-24 11:27:11 | RIGL | buy | $4.840 | long |
| 2015-04-24 11:27:48 | RIGL | buy | $4.820 | long |
| 2015-04-24 14:48:44 | RIGL | sell | $4.870 | long |
| 2015-04-24 14:48:45 | RIGL | sell | $4.870 | long |
| 2015-04-24 14:48:45 | RIGL | sell | $4.870 | long |
| 2015-04-24 14:55:00 | RIGL | sell | $4.840 | long |
| 2015-04-24 14:55:00 | RIGL | sell | $4.840 | long |
| 2015-04-24 14:55:00 | RIGL | sell | $4.840 | 0 |
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