Grade=D
The setup: pullback
The result: Things were too choppy here. I wanted to practice scaling into a trade here, but it was too choppy to warrant such a notion on this one. The move to the upside never really happened and things started bear flagging lower later in the morning, so it's good I got out when I did.
The lesson: I should have treated this one as a quick scalp if anything. I also should have had a hard stop in at my break even price, which I think I did, but a little tighter would have ensured zero losses after commissions instead of what I have here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-13 09:55:41 | GEVO | buy | $5.040 | long |
2015-05-13 09:55:41 | GEVO | buy | $5.040 | long |
2015-05-13 09:55:41 | GEVO | buy | $5.040 | long |
2015-05-13 09:59:49 | GEVO | buy | $5.120 | long |
2015-05-13 10:03:01 | GEVO | sell | $5.140 | long |
2015-05-13 10:05:06 | GEVO | sell | $5.020 | 0 |
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