This was a loss. Earnings Breakout. I thought the flag was breaking out, but it wasn't yet. I should've bought on the dip. I chase "breakouts" all the time and then I get faked out. Also the R/R was bad on this one. I need to respect the HOD and resistance on daily.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 10:02:00 | MAGS | buy | $5.910 | long |
2014-11-20 10:05:00 | MAGS | sell | $5.760 | 0 |
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