My first short on this one was maybe a little early, so I closed it and reshorted a little later. Obviously, this was a good trade, I missed the second flag due to lunch which is frustrating
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-21 10:38:28 | MOLG | sell | $5.770 | short |
2014-11-21 10:45:36 | MOLG | buy | $5.970 | 0 |
2014-11-21 11:00:03 | MOLG | sell | $5.870 | short |
2014-11-21 11:36:24 | MOLG | buy | $5.660 | short |
2014-11-21 11:50:52 | MOLG | buy | $5.350 | short |
2014-11-21 12:57:00 | MOLG | buy | $5.130 | short |
2014-11-21 13:17:17 | MOLG | buy | $4.840 | 0 |
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nailed it. Great trade one thing I will say is that your first trade in that the stop has to be above 6 dollars as a magnet in this set up so you have to assume if you didn't get the entry perfect it's going to bounce up to six before it fails