First SCOK trade was a successful one. Wanted to repeat the success, but focused too much on the 1-min chart. Got stopped out. May need to rethink my stop losses, they might be tool tight.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-09 10:49:21 | SCOK | buy | $7.030 | long |
2014-09-09 10:57:10 | SCOK | sell | $8.020 | 0 |
2014-09-09 11:10:29 | SCOK | buy | $8.540 | long |
2014-09-09 11:10:36 | SCOK | sell | $8.370 | 0 |
Nice job catching the buck move! How tight to make stop losses is a problem for me too.
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First trade was perfect. Great job. Second entry might have waited for a little more consolidation when it flagged. Definitely felt the excitement in the name though.