Shared by
tee
Day Chart: flag and today it gapped up, potential breakout day
Buy: I let the stock pull back after instant gap and go. it failed to break past day low and it was also breaking the downtrend of this morning pullback. I got in on that so-called break.
Sell: all day couldnt break sideways resistance and being after 2pm, i was already seeing other names start to move. rather than miss on opportunities, I took the loss before my original stop was hit. $0.10 wide bid/asks on this name.
Lesson: Time stop - as this never broke out hard where I thought it should have, that should be my clue to get out at any profitable place i could.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-22 10:17:00 | YY | buy | $62.050 | long |
| 2015-04-22 14:29:00 | YY | sell | $61.830 | 0 |
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