Flag break out second day. My entry was way too risky. entered on the 1 min chart and without a clean setup but it shows an orderly pullback so i had a risk of 20 cent. my plan was to enter on the 1 minute and then switch to the 5 minute. started to build a flag and i sold 1/3 after the spike, sold 1/3 in to the second break out and sold the rest when it broke the 9 EMA.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-02 09:36:03 | CAPN | buy | $7.700 | long |
2015-04-02 10:17:47 | CAPN | sell | $8.070 | long |
2015-04-02 10:44:35 | CAPN | sell | $8.170 | long |
2015-04-02 11:00:35 | CAPN | sell | $8.040 | 0 |
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