Was waiting for 126 over/under. I should have waited for it to give me a reason to sell.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-05 09:37:49 | SBNY | buy | $124.100 | long |
2014-12-05 11:53:43 | SBNY | sell | $125.870 | 0 |
It was a starter position. Full position would have been 100 maybe 150 shares. I was okay risking to 121. But didn't want to miss the breakout so started in once it hit my alert.
Yeah I know... But if this flag broke out it could have gone to 133+. However, something about the way the rest of the market was acting told me this breakout was going to fail so I decided to cut it early. It was originally intended to be a swing.
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What was your stop here?