Honestly, my first trade in this was nothing more than a gamble anticipating everyone reaching for it at the beginning. I took my profits quickly and got out. The second trade entrance was when I saw two positive 1 minute candles the ma was turning higher after the initial flush. It had a little bit of momentum where I scaled out but needed more time to base so I got out before it flushed again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-19 11:54:26 | BABA | buy | $94.980 | long |
2014-09-19 11:56:42 | BABA | sell | $96.810 | long |
2014-09-19 11:57:42 | BABA | sell | $98.140 | long |
2014-09-19 11:58:49 | BABA | sell | $99.200 | long |
2014-09-19 12:00:56 | BABA | sell | $97.000 | 0 |
2014-09-19 12:15:08 | BABA | buy | $92.030 | long |
2014-09-19 12:18:09 | BABA | sell | $92.950 | long |
2014-09-19 12:20:24 | BABA | sell | $92.290 | 0 |
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