aligning on multiple time frames was the key to this one. i looked at the 30 minute chart and saw a perfect flag. couple that with the sell off on the daily chart, and a stop at 1.89 for a .03 risk, it was a perfect setup. main mistake was since my r/r was so good, i should've had 3600 shares instead of the 1200 i longed. didn't stick around til eod, so i couldn't hold til 2.2 hod.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-14 14:30:17 | CNET | buy | $1.930 | long |
2014-10-14 14:30:51 | CNET | buy | $1.925 | long |
2014-10-14 14:30:51 | CNET | buy | $1.921 | long |
2014-10-14 15:08:06 | CNET | sell | $2.090 | long |
2014-10-14 15:08:10 | CNET | sell | $2.081 | long |
2014-10-14 15:08:27 | CNET | sell | $2.082 | 0 |
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