so i saw this lil flag and got a nice antry, however i moved my stop up. should have scaled out 50 shares instead and let the rest ride or i could have got back in.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-15 11:35:54 | AMCN | buy | $4.330 | long |
2015-04-15 11:58:12 | AMCN | sell | $4.390 | 0 |
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Nice entry JRobert, I have two thoughts on this trade. As you say you could have scaled out on the bounce and added on the pull back to the ma's (probably what I would have done). The other thought is that if you weren't going to scale out there was no "reason to sell" until it broke the ma's at around $4.52.