LONG SWING POSITION: A bull flag on the daily had me entering this trade. Unfortunately this position ended quickly as the price tanked 5% intraday, blasting through my entry price and my stop at $30.20.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-08 12:24:00 | TRS | buy | $30.750 | long |
2014-12-08 14:16:00 | TRS | sell | $30.200 | 0 |
Yeah, it was a trade I setup I set up in the morning before the market opened. I can't watch the market during the day, otherwise I would have not entered the trade. I should be more wary of setting up orders that are still far away from my wanted entry point.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
by thte time you got this.u already had a reversal candle on a monster dip and it was breaking the support of the longer term flag.