Bought too high above MAs on intraday flag and went in with too big a position. Worked out in my favor though but it still felt like a scalp. A better entry would've been 4.23/24. Scaled out close to top tick then closed out entire position because I had to leave for the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-05 11:29:25 | IDRA | buy | $4.256 | long |
2014-12-05 11:51:02 | IDRA | sell | $4.330 | long |
2014-12-05 11:51:35 | IDRA | sell | $4.340 | long |
2014-12-05 11:55:28 | IDRA | sell | $4.327 | 0 |
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Nice scalp.