this was a boredom trade. it was also part me trying to get back the money from the prior lost trade. not good.
risk mgmt was off too should have bought 66 shares not 400.
also should have inspected a 3 or 2 min chart to see what was going on with it when I saw the candle not going straight up after a flag on the 5-min chart. thought I had purchased the pullback, but apparently not.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-22 10:42:20 | YUM | buy | $75.080 | long |
2014-07-22 11:04:30 | YUM | sell | $74.880 | 0 |
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To extended intraday http://screencast.com/t/kz2CV4an4Ir ..stock need time to rest after a big move. Let base and coil then determine an entry.