Setup: Breakout on the Open
- Bought the breakout on the 1-min chart
- Sold half for small loss to reduce risk, as stock was stalling
- Sold some when stock broke out further
- Sold again as stock stalled, but kept some for a run
- Sold rest at pivot resistance
- Mistake was selling everything when there was no visible reason to sell; stock ended up making a run 1pt higher
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-11 09:59:58 | FIVE | buy | $40.970 | long |
2014-09-11 10:05:49 | FIVE | sell | $40.930 | long |
2014-09-11 10:15:52 | FIVE | sell | $41.470 | long |
2014-09-11 10:30:52 | FIVE | sell | $41.330 | long |
2014-09-11 10:49:01 | FIVE | sell | $42.033 | 0 |
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