day-long consolidation breakout - (2c/10c Risk/Reward) - consolidated all day...took the trade as the flag broke. sold short of my target.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-04 14:34:02 | EJ | buy | $6.990 | long |
2015-05-04 14:34:02 | EJ | buy | $6.990 | long |
2015-05-04 14:38:06 | EJ | sell | $7.060 | long |
2015-05-04 14:39:06 | EJ | sell | $7.050 | long |
2015-05-04 14:39:13 | EJ | sell | $7.050 | 0 |
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2 cent stop is a bit tight.
Stop around 6.95 would have been good I think. Just my opinion.
After all the spread is going to be half of that.
Shame you didn't hold to your target