Shared by
cash7177_BOWS
I would like to just state ALL the reasons why I SHOULD NOT have taken this trade. First of all the stock was piercing strongly through the Bollinger bands. Second, It was over bought. Third. the 200 day moving average was pushing down on top of the candle. and third the SPY was having a big down day.
I took this trade because it was flagging on the 1min char. THE SECOND I bought t and set my stop, it flushed and stopped me out. I got really lucky. This was a terrible trade.. Was not looking at the bigger picture.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-06 09:55:03 | ICLD | buy | $3.400 | long |
| 2015-05-06 09:55:03 | ICLD | buy | $3.400 | long |
| 2015-05-06 09:55:03 | ICLD | buy | $3.400 | long |
| 2015-05-06 09:57:44 | ICLD | sell | $3.361 | long |
| 2015-05-06 09:57:44 | ICLD | sell | $3.361 | long |
| 2015-05-06 09:57:58 | ICLD | sell | $3.367 | 0 |
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