Shared by
JackAttack
Opened trade because:
- Broke out on the daily
- Based really well and then broke the resistance of the base to form a little flag
- Set a 3 penny stop taking the trade with the intention of scalping
Closed trade because:
- 2.08 was my target but I couldn't get a fill so I dropped my order down to 2.07
Other notes:
- When I was planning out this trade, I intended to only risk 2 pennies to possibly make 6. I took a fill a penny higher when I bought and I sold a penny lower than intended when I closed the position. When I make scalp trades in the future, I must remember that every penny counts even more so than other trades because of the large positions.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-09-10 13:17:05 | ACAD | buy | $2.030 | long |
| 2012-09-10 13:30:54 | ACAD | sell | $2.070 | 0 |
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