Play:Flag
Chased entry, couldn't get filled earlier so was forced to chase as it is a great potential runner. I sold near HOD for first target. Should have been more patient on second target especially as it was flagging again.
Happy with the discipline as I waited for targets. However, in those low float stocks, I need to hit market order to get in earlier instead of trying to get in with a limit order, cancelling and going market. Wasted some precious pennies.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-21 12:17:45 | DGLY | buy | $7.455 | long |
2014-08-21 12:19:03 | DGLY | sell | $7.570 | long |
2014-08-21 12:26:45 | DGLY | sell | $7.740 | 0 |
That is good to know. I actually remember something you said, is that whole #'s attract stocks and I thought of it in this case but just wasn't patient enough with it. But I will definitely keep that in mind that when something breaks .60, it runs close to a whole #.
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One of the best trades i've seen yet. Great entry. A little trick i've noticed, once it breaks over the .60 mark it ALMOST always runs to the whole number. There's an extra .40 for you. BOOM!
Write it down and see if it holds true in your future trades.