Sold short on the 1min ORB, wouldve liked to have shorted a little earlier, covered into the move down and got stopped out of the rest. Re shorted when it failed to move higher and started to go red again. Covered more into the following moves down. Should have held on longer though
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-02 09:35:51 | NPSP | sell | $36.730 | short |
2014-06-02 09:38:16 | NPSP | buy | $36.250 | short |
2014-06-02 09:42:20 | NPSP | buy | $37.000 | 0 |
2014-06-02 09:48:24 | NPSP | sell | $36.500 | short |
2014-06-02 09:52:27 | NPSP | buy | $36.030 | short |
2014-06-02 09:58:23 | NPSP | buy | $35.560 | short |
2014-06-02 10:01:49 | NPSP | buy | $35.050 | 0 |
Perfect execution! Too bad apptrade was down missed out on this thing
Remember round numbers act as support/resistance. Next time give it like .10c above the round number which is $37 in this case before stopping out.
Yeah Nape what I thought here was since I was seeing a higher low being formed that this would go higher. But you're right I could have had my stop set a little higher. What I liked about this trade is that I got back in , something I havent done before
You traded this very very well. Nice job Johnny. I agree with Nape on his point. But great re-entry.
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Great trading. You nailed this thing.