Grade=C-
The setup: pullback buy
The result: I like my entry here. I waited for sufficient rounding action and for the 9ema to cosy up underneath. I knew that premarket the stock had touched 10.00, so I had that as my target and feld that there would be some juice coming in after getting above the MAs. I got the move and scaled out half quickly. Then after flagging for a few minutes at 9.75-9.80 I bought another 1/2 position because I wanted to get the practice and it seemed like a could add point. I ended up getting stopped out on a spike and losing a bit on the added position. .02 looser of a stop would have kept me in for the run over 10.00. I'm not ready for mental stops anytime soon though.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-19 10:06:51 | PTBI | buy | $9.330 | long |
2015-05-19 10:08:01 | PTBI | buy | $9.330 | long |
2015-05-19 10:13:33 | PTBI | sell | $9.500 | long |
2015-05-19 10:25:55 | PTBI | buy | $9.780 | long |
2015-05-19 10:34:23 | PTBI | sell | $9.710 | 0 |
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