Daily breakout continuation. Flag on 30 min. Went red to green and had quick P/B to support range. Stop -.50, Target +4. Made higher low and higher high so looked good. Should have pulled 1/2 at +2 (4:1 R:R) but not sure why i didn't. Ended up taking off as made bear flag and rolled.
LESSON: If R:R is at 4:1, take off!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-06 09:41:42 | VIPS | buy | $175.450 | long |
2014-06-06 10:09:21 | VIPS | sell | $175.110 | 0 |
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You are finding some great stocks Mark!