Lost $28.21 on this one. I tried scaling into the position when it was going my way, but instead of spiking it started dropping and it hit my stop. I understand now that the stock was probably too extended to continue to the upside. This low priced stock was already up $1 when I entered.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-04 10:23:00 | TLYS | buy | $8.930 | long |
2014-12-04 10:27:00 | TLYS | buy | $9.030 | long |
2014-12-04 10:56:00 | TLYS | sell | $8.700 | long |
2014-12-04 10:56:00 | TLYS | sell | $8.700 | 0 |
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