Grade=D
The setup: pullback
The result: The volatility was too much for my stop, although this was indeed a pullback. With this kind of volatility on a 3x ETF, if I want to keep my risk tight, I need to be buying downward spikes only. I could have made out pretty nicely on this had I done so.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-24 11:23:32 | SCO | buy | $84.160 | long |
2015-07-24 11:25:00 | SCO | sell | $83.910 | 0 |
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