I missed the first flag on this one and had to wait. When the second flag formed with decreased volume I opened a long position at $1.76 with a stop just under the flag at $1.71. The flag broke down and I was stopped out for a 5 cent loss. The one mistake was a type-o in the position size, while I learn App Trader I have been using 100 shares, hit an extra zero on this one.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-06 10:19:09 | IGC | buy | $1.760 | long |
2014-06-06 10:30:46 | IGC | sell | $1.710 | 0 |
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