Got out just in time.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-25 10:57:00 | FB | buy | $86.250 | long |
2015-08-25 12:08:00 | FB | sell | $87.640 | 0 |
I saw a flag setup at the buy point and the stock was moving along the MA's nicely. I got out because that was lunch time and I'll usually get out around that time if I'm in a stock. I have kids that I homeschool and that's around lunch time :). If I hadn't got out there I would have looked at the MA's to help determine when I get out.
Thank you for reminding me about following the MA-s. I've almost forgot to pay attention to them lately.
I guess lunch time is when stocks start to change direction or become choppy and inactive. So it's a good time to get out.
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Nice! What were your reasons to enter and exit or setups?