Profit/(Loss) With Commission: $104.50
Details: This is a stock I know very well and have traded many times before. This time it was a break of a range at $12.87 combined with a 20dma break at $12.87. I pre-empted the entry because the stock was flagging intraday and had tapped $12.80 three times. Entry was very solid and with only a 4 cent stop the reward to risk was great. I added again at $13.21 as the stock's range tightened to only 1-2 cents and milked another few cents out of it. Great trade, only thing I could have done was enact the 3:55pm rule - no selling before 3:55pm if it hasn't hit my stop, since 5 min after I sold it ran another 15 cents, lol.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-07-17 12:18:11 | SZYM | buy | $12.820 | long |
2012-07-17 13:10:05 | SZYM | sell | $13.020 | long |
2012-07-17 14:56:53 | SZYM | buy | $13.210 | long |
2012-07-17 15:38:49 | SZYM | sell | $13.270 | 0 |
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