Shared by
tee
Day Chart: big pop on volume
Buy: flag that held the 9 and 20
Order:
price
9 (rising)
20 (rising)
VWAP
stochastics - negative turning positive
Sell: trailed stop, wanted to have small losses. stock was riding 9ema since breakout and used $0.05 under that. stopped out on flush drop but the 20 still held. stock continued upwards.
Lesson: arbitrary stops will get stopped arbitrarily. while the 9 was support during the breakout, the 20 ultimately held earlier.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-01 11:43:00 | ICLD | buy | $2.310 | long |
| 2015-05-01 12:01:00 | ICLD | sell | $2.300 | 0 |
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