Shared by
jmos_BOWS
Play: Bull Flag
Stock ran up towards high on daily. I missed the entry so couldn't chase and kind of expected it to fade back. Once I saw it was holding the break out on the daily and it was forming a clear base, I waited for it to pick a direction out of this consolidation. Once volume cam in to break 2.10, I got in for a quick scalp as it was extended and running on nothing. I respected my reasons to sell but the mistake I made was sell half at HOD which is not what I am used to. I usually sell 1/4th to decrease risk in case it fails to minimize my loss. It kept going so I kept selling as the plan was for a quick one. I held small lotto in case it would keep squeeze but it didn't. Got filled at a bad price as my stop wasn't triggered. Not sure what happened so I sold it manually.
Reasons to sell: HOD, spike, extended, buy price
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-17 10:41:01 | RMGN | buy | $2.100 | long |
| 2015-03-17 10:41:42 | RMGN | sell | $2.140 | long |
| 2015-03-17 10:43:02 | RMGN | sell | $2.170 | long |
| 2015-03-17 10:44:31 | RMGN | sell | $2.200 | long |
| 2015-03-17 11:27:20 | RMGN | sell | $2.050 | 0 |
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