Small profit $17. USO had already broken out and this was flagging aswell so I took it as a sympathy play. I got a bad entry, because I was hesistating for so long.
I wasn't very focused on trading and I didn't really think it would break out the second time, so I sold the other half of my position flat just in case. $17.16 was 2:1 RR and $17.38 was 4:1 RR.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-17 13:56:00 | OAS | buy | $16.940 | long |
2015-02-17 13:59:00 | OAS | sell | $17.100 | long |
2015-02-17 14:09:00 | OAS | sell | $16.950 | 0 |
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