Intraday breakout. I was going for the $72.00 breakout and it did break $72.00 but was unable to hold. I should have immediately sold when it didn't break rather than let it fail almost 65 cents. I then revenge traded a short which sort of worked but I stopped out flat after it bounce off $71. Overall this was a poorly managed trade. Lost $95.55.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-10-10 11:16:10 | YUM | buy | $71.900 | long |
2012-10-10 11:35:18 | YUM | sell | $71.263 | 0 |
2012-10-10 11:47:59 | YUM | sell | $71.350 | short |
2012-10-10 13:16:49 | YUM | buy | $71.350 | 0 |
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