Play: Flag
Chased entry, not good at all but had great potential so hard not to get in. When I chase, I sell some fairly quick as my plan changes slightly to take off risk. I scale in case it keeps going but it didn't which is why I sell some for a quick scalp in case it is a failed break out.
Reasons to sell: chased entry so sold a bit in spike, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 10:12:32 | MAGS | buy | $5.940 | long |
2014-11-20 10:17:02 | MAGS | sell | $6.040 | long |
2014-11-20 10:20:09 | MAGS | sell | $5.930 | 0 |
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