It was a weak open. I do have difficulties to scale out with stocks higher than 15$ so I sold all into the surge. I didn't want to chase it. This trade look ridiculous with the 5 min. chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-20 10:05:33 | MOMO | buy | $15.930 | long |
2015-05-20 10:06:07 | MOMO | sell | $16.110 | 0 |
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nice entry! how did u pick that ell? it was only 20 cents gain but the spread was 10 cents! u need to let thise things ride or scale out
i'd rather scvale out on a 15 dollar stock then a 1 dollar stock with no range