Although I was expecting INTC to reverse, I wasn't ready for the reversal, and so I missed the initial entry trigger at $50.25, and ended up chasing for a $50.42 entry. Just like with TXN, since I chased, and felt like I didn't have a good entry price, I chickened out, and only took a tiny scalp, while leaving $1.60 on the table of easy money had I just used the 1min 20ma to trail a stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-24 10:10:01 | INTC | buy | $50.425 | long |
2020-07-24 10:10:15 | INTC | buy | $50.235 | long |
2020-07-24 10:21:18 | INTC | sell | $50.525 | long |
2020-07-24 10:21:20 | INTC | sell | $50.542 | 0 |
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