Slow and steady all day. Rode a trailing stop all the way up for a good gain
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-08 12:39:49 | SLM | buy | $18.970 | long |
2021-04-08 12:39:49 | SLM | buy | $18.970 | long |
2021-04-08 12:39:49 | SLM | buy | $18.970 | long |
2021-04-08 12:39:49 | SLM | buy | $18.970 | long |
2021-04-08 12:40:02 | SLM | buy | $18.970 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | long |
2021-04-08 15:42:53 | SLM | sell | $19.080 | 0 |
@rrodriguez - I usually set a % Trail Stop Limit of 1-2%.
I initially set a 2% Trail (~$0.38), then tightened it up to 1% then 0.5% after 3pm to capture the run up to the close. In this case, it died off around 3:30pm so I stopped out then.
Good luck out there!
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How far back did you keep your trailing stop?