Was watching P to set up off of VWAP bounce intraday. The stock had strength and I wanted to time a good entry with low risk. I missed the first bounce off of .63 test but was fortunate to have the stock quickly wash once more. I entered off .52 with anticipation of VWAP attempting to hold and a .1 stop. I knew if it did hold the reaction would be fast and I could sell quickly. Typically I would sell 300 shares in to .8 and ride the last 200 to higher resistance points. I didnt because I was already late for work
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-14 13:02:09 | P | buy | $20.520 | long |
2014-11-14 13:02:09 | P | buy | $20.520 | long |
2014-11-14 13:02:10 | P | buy | $20.520 | long |
2014-11-14 13:07:07 | P | sell | $20.800 | long |
2014-11-14 13:07:08 | P | sell | $20.800 | long |
2014-11-14 13:07:08 | P | sell | $20.800 | long |
2014-11-14 13:07:08 | P | sell | $20.800 | 0 |
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