Around this i was just looking to make a play. I thought I saw a flag but it was a fake so I sold, i wish i would have kept it. Tomorrow I will be using another time frame because 5 mins makes me trade to quickly
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-10 13:58:21 | ACHN | buy | $6.920 | long |
2014-06-10 14:08:38 | ACHN | sell | $6.950 | 0 |
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To me it looks like it could have broken out near your buy point. I think you were right to sell when you discovered that the trade wasn't what you thought it was. Also, you would have had to have the trade go negative on you for a bit in order to have been rewarded with the run up at the end...that's not always an easy thing to do. Overall I think you did all right and learned from it, not a bad job at all.