I was actually pretty hesitant on this one. After the losses of the day i was reluctant to enter another one. However i figured it was a different type of trade A)it wasnt the 'bounce' trade. and B)It might be a end of day runner, by contract to the mid day lull of CATS and SDRL.
It was a little higher entry than i would like as well. However, the daily was higher than normal the last few days. around 3x higher at time of trade. It was sitting above the .26 and .24 range from the daily, flagging (kind of?), volume on the up ticks, and a conservative stop loss. I entered the trade and it did rather well. I can get better at my exit for it. The time of the the day had me a little skittish so i thought id lock in a profit rather than risk it going down around closing bell. I thought about swinging but it but figured if it flagged tomorrow i'd look into getting back in.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-29 14:35:46 | TAT | buy | $1.320 | long |
2016-09-29 14:39:43 | TAT | buy | $1.330 | long |
2016-09-29 15:47:42 | TAT | sell | $1.400 | long |
2016-09-29 15:52:22 | TAT | sell | $1.440 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!