bull flag breakout - (4c/14c Risk/Reward) - saw nice flag forming with vol reducing. i wanted to focus higher highs and higher low pullbacks and flags to try to increase my winning %. i went long at the break of the flag. hit my target but left so much money on the table. i need to hold last piece until i find a good reason to sell.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-07 10:54:23 | EQC | buy | $26.350 | long |
2015-05-07 10:54:23 | EQC | buy | $26.350 | long |
2015-05-07 10:54:23 | EQC | buy | $26.350 | long |
2015-05-07 11:18:58 | EQC | sell | $26.495 | long |
2015-05-07 11:20:14 | EQC | sell | $26.625 | 0 |
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it worked but this type of flag is not really a flag it can get u in trouble when ur live when getting out with 4 cent stops are nearly impossible