Shared by
nicktrabs
stopped out on intraday bull flag. Should have sold on spike and taken small profits. luckily I had moved my stop up to my buy in from initial 56.80 stop as the breakout started.
target was 3.80 for 63 scalp. 5 to 1 reward to risk.
should have gone in with higher volume for the move but was reading charts off iphone and trading in a meeting. didn't have time to fully calculate out my play.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-28 14:09:00 | XOMA | buy | $3.590 | long |
| 2015-05-28 14:24:00 | XOMA | sell | $3.600 | 0 |
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