I triggered on an overnight consolidation at 115. I was prepared to scale into the position. I felt this would go higher throughout the day. I was actually happy with the entry execution. I also had two very strong opportunities to lower my cost. I got frustrated with trade and flattened.
I labeled this as a second day play. I felt this sell off on day one was overdone expected it to close higher. I had an idea of what the range should be this day. But, I did not set up for it properly. I managed my P and L on this trade when I should have managed the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-18 09:36:41 | DG | buy | $115.000 | long |
2019-03-18 11:37:44 | DG | sell | $115.005 | 0 |
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