Shared by
pstark89
Stock was flagging on multiple time frames. I went in with 1k shares because I was confident about the set up. My problem is that there is always that one extra candle push to knock it down another 20 cents and I stop out. Managed to find the low of the day but I was on the wrong end. The stock soared from where I sold out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-13 10:23:12 | NTLS | buy | $7.000 | long |
| 2015-05-13 10:32:25 | NTLS | sell | $6.830 | 0 |
Comments
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Dont try catching a falling knife bro. Wait for it to put in a higher low then enter the trade with defined risk.