Shared by
marz_BOWS
Bought in with the intent to swing trade, but then got cold feet. I was playing the bounce on this one and decided that my case for the play was weaker than I originally considered. Sold off for small profit. Didn't scale out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-05-16 14:06:27 | INSY | buy | $23.760 | long |
| 2014-05-16 14:06:30 | INSY | buy | $23.760 | long |
| 2014-05-16 14:06:34 | INSY | buy | $23.760 | long |
| 2014-05-16 14:14:05 | INSY | buy | $23.760 | long |
| 2014-05-16 14:29:56 | INSY | sell | $23.900 | long |
| 2014-05-16 14:29:56 | INSY | sell | $23.900 | long |
| 2014-05-16 14:29:56 | INSY | sell | $23.900 | long |
| 2014-05-16 14:29:56 | INSY | sell | $23.900 | 0 |
Comments
JDN6832_BOWS
2014-05-16 16:08:22
Careful with this candle http://prntscr.com/3jtfyr
Its bit me in the ass 1 too many times.
Jerry_C_BOWS
2014-05-16 16:42:48
I think this is a perfect reason why I was trading with such a loose stop. Those freakin' wicks.
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keep an eye on INSY for Monday. This is a choppy stock. It will run long for awhile and then turn short out of the blue. Not sure if its a good candidate for a swing trade.