tried to anticipate a quick pullback after the gap up however my enrty was wrong. should of got out once the pb failed. I need to be more patient and let the setup play out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-03 09:40:21 | MDR | buy | $3.300 | long |
2015-03-03 13:15:38 | MDR | sell | $3.395 | long |
2015-03-03 13:42:55 | MDR | sell | $3.388 | 0 |
I agree with pstark, if it doesn't play out fairly soon, then you may want to reconsider the trade. Glad it worked out though
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Nice patience and glad it worked out for you. One thing I have noticed though is that if you trade a set up and it takes too long to work, you might be playing with fire. Nothing hard and fast and believe me I'm no expert. Just something I noticed when I do it.