This was a great trade.
Entered once it broke over 36.51. Then once it based around 36.60 I used that to add some shares and reduce my stop. I was a little over sized to start so this let me clean it up. I really wanted to wait for 36.61 to trigger but fat fingers on order entry and it triggered 36.60. I moved stop to 36.50. I left my original targets though and got out at 1r for target 1. I was holding that back part for 4r. My rules says if I get to 90% of target then I am going to trail 10%. This prevents it from missing by a few cents then backing up 2r. so it went to .09 (.03 from 4r target) and I trailed by .06 and got out at .02/.03. It did bounce again with the market but I am happy.
Net: +2.9r
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-27 13:01:28 | M | buy | $36.520 | long |
2012-12-27 13:50:13 | M | buy | $36.600 | long |
2012-12-27 14:18:23 | M | sell | $36.670 | long |
2012-12-27 15:09:36 | M | sell | $37.030 | long |
2012-12-27 15:09:37 | M | sell | $37.020 | 0 |
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