got in a little late but had seen the reversal signals already so decided to hold a bit
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-28 10:30:20 | LOCO | buy | $28.718 | long |
2014-07-28 10:40:05 | LOCO | sell | $29.230 | 0 |
What was your stop on that Jon? That wick got down to 28.10, so 60c range down for you and you didn't get stopped out. How many shares did you have? Nice scalp though, nice exit.
Look at the open and look at the panic sell!!! Unreal! Would have been awesome at the open and sell at the 32's. I think you know you should of held on, It hit that 29.50 resistance, If you adjust your stop and maybe sclae out a bit looking for a re entry, you would have been better off. Still, Awesome trade though by all means.
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To risky.