I was playing this as a BO new highs right at a .50 number. I really should have look at the entry do around .40 but then there was only .1 to HOD. It only had a little momentum but I was using the big stop so my tgt1 never got hit even. I really did not have a rationale to exit the trade. The only thing I can hang my hat on is it was a breakout with no follow through which would allow me to exit BE but that usually is when it triggers me in by a couple cents and then turns around and never follows through. But I was playing pretty tight this late in the day and still had my goal in sight. This wasn't a bad trade just not a good one to take either.
Net: -.22r
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-04 14:01:24 | PEP | buy | $69.520 | long |
2013-01-04 14:01:25 | PEP | buy | $69.520 | long |
2013-01-04 14:01:26 | PEP | buy | $69.520 | long |
2013-01-04 14:24:31 | PEP | sell | $69.470 | long |
2013-01-04 14:24:32 | PEP | sell | $69.470 | long |
2013-01-04 14:24:33 | PEP | sell | $69.470 | 0 |
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