Play: Flag
Stock ran up strong, decent daily with potential of major break out. Waited for a pb to form a base. When it held and started going, I got in for the break out. Sold into spikes as per rule and kept lotto shares. Stopped out final at buy price. Put stop a few pennies above buy price to cushion the spread in case it dropped and it turns out I bottom ticked it. Oh well, traded the rules and was disciplined.
Reasons to sell: spike, stop at buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-10 09:53:04 | LAKE | buy | $12.390 | long |
2014-12-10 09:56:11 | LAKE | sell | $12.540 | long |
2014-12-10 09:58:12 | LAKE | sell | $12.650 | long |
2014-12-10 10:11:32 | LAKE | sell | $12.430 | 0 |
could have been a decent trade if I didn't get stopped out to the penny! lol
Yeah 14.40 was price support, so ideally you want to put your stop at 14.35 or so knowing you had already book some profit.
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worth a shot.