I was hoping for an last minute end of day run as it was flagging for a while and worked off overbought condition. Of course 15 seconds after I did it, the flag broke on the wrong side and it was too late in the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-10 15:51:49 | LNG | buy | $73.000 | long |
2015-02-10 15:52:21 | LNG | sell | $72.880 | 0 |
My trading day usually starts at 2:30 pm, so often I try to squeeze one last trade in during the last 15 minutes. What I have been learning is that patterns that work most of the day don't usually have the same results into the close. Same thing happened to me with AAPL today.
Thanks so much. I knew better than to take that trade but thought I could squeeze out some extra money to make back. Wrong reason for a trade.
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I think the EOD run on this started already before 3 pm! That's about the time when EOD runs start. You were trying to catch a last minute run, but I'm not aware if it's a setup. It was already up a lot too and extended, not a good chance.