I felt like this was oversold. But I didn't want to hold over the weekend. So I risked 1% of my account $30 (risked off of $8.71) and wanted to make at least .60/share giving me a R/R 2:1. I could have made another .20/share if I would have kept it until close but I need to get some singles and this trade tide up 1/3 of my account.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-09-17 13:04:10 | MCS | buy | $9.045 | long |
2020-09-17 15:49:50 | MCS | buy | $8.970 | long |
2020-09-18 12:13:29 | MCS | sell | $9.610 | 0 |
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