Wanted to play this for ORB since it gapped up over resistance but failed to notice it was too extended for true ORB. Failed break out (duh) so stopped out close to max position loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-21 09:33:25 | FOLD | buy | $7.102 | long |
2014-11-21 09:37:04 | FOLD | sell | $6.989 | 0 |
@kunal00 thanks for the feedback. I think I need to review the bootcamp material since I'm a bit confused about what an ORB actually is.
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That's not an ORB even if it was extended it still would not be in ORD