Intraday flag break/bounce of the 5 min 20sma. This was actually a very low-risk and very high probability trade that was managed poorly. My entry was perfect but I should have sold off partial at $14.45 where there was resistance on the daily. I also could have added it back on the dip and sold all of it into the end of the day to maximize profits. This could have been a $100 trade but turned into an $18 trade because of poor management. Remember to always be taking profits and do not be greedy!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-11-09 14:56:42 | HTZ | buy | $14.295 | long |
2012-11-09 15:59:46 | HTZ | sell | $14.340 | long |
2012-11-09 15:59:46 | HTZ | sell | $14.340 | 0 |
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