I bought this after huge gap up. Seemed to have good momentum but I made it more of a scalp and left a lot on the table by not being patient.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-17 09:30:22 | ASPX | buy | $47.778 | long |
2014-12-17 09:32:18 | ASPX | sell | $49.000 | long |
2014-12-17 09:33:38 | ASPX | sell | $48.500 | 0 |
I like to play gap ups to continue if they don't dump out pre-market or right at the open on the first candle. To me its a sign of strength.
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So how are you coming to the conclusion of buying the first candle of the day?