Big gap and pop, waited for the pullback and entered at the 9ema, before confirmation. Entry was nice but I got scared so exited flat. Figured it could drop quick if it was gassed. My first target was .63 and that would have hit had I allowed my original stop to play.
Concerns: market was looking heavy and turning south; had no base or confirmation;
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-29 10:10:18 | XGTI | buy | $2.480 | long |
2014-05-29 10:10:29 | XGTI | buy | $2.480 | long |
2014-05-29 10:10:29 | XGTI | buy | $2.480 | long |
2014-05-29 10:27:29 | XGTI | sell | $2.480 | long |
2014-05-29 10:27:29 | XGTI | sell | $2.470 | 0 |
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