I tried to trade this stock for an ORB on the 1 minute chart. It failed but I took my losses way too late. I waited thinking that it was a false breakdown. Once it kept falling and broke the 9 ema, i took my losses. After this loss and another loss in another stock, I decided to get off and go back to sleep. The stock made an awesome flag later on the 5 minute which I could have played, but I decided to be a little bitch and trade stuff that I wasn't supposed to trade. I can and should practice these other setups on paper trades, but I should really make sure that I don't miss flag opportunities just because of this retarded shit I do on the side.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-24 09:36:46 | NKTR | buy | $13.370 | long |
2015-06-24 09:41:14 | NKTR | sell | $13.170 | 0 |
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