Sim Day 6 Flag play broke down on me. Hard stop wasn't set. Mental stop kept telling me it was going back up. Today I wanted to try a couple of different things. Will just stick to what works. My first red day, bummer.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-26 10:38:07 | NKE | buy | $109.845 | long |
2015-06-26 10:50:53 | NKE | sell | $109.379 | 0 |
Yeah, you're right at the time on the chart I was looking at looked like a pull back and consolidation and I was hoping it was going to be a bull flag so I called myself getting in early before it took off.
That day I think Nike had good news. That is my weak spot the news and where I think stocks should go and not seeing the pattern or the set-up first.
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Looks like a bear flag on this one