Well, I guess, I am a slowlearner. Yesterday this stock showed its strenth, but I was playing an ORB at a short side. I had to wait to confirmation, so the trade turned to me into a losing one. But if I wait, I would notice kind a flag breakout pattern.
I have to wait for confirmation of trading pattern before buying or selling a stock. I should be more patient.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-16 10:07:50 | MJN | sell | $86.770 | short |
2015-07-16 10:08:00 | MJN | sell | $86.770 | short |
2015-07-16 11:21:19 | MJN | buy | $86.900 | 0 |
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