Grade=D
The setup: buy bottom of channel
The result: I was watching the cruse price at this level and was picking a top, which I should be avoiding. I made two attempts at it and neither followed through because oil was making a huge rally. My rationale was that I was buying a pullback on SCO, but that was far from confirmed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-27 09:48:12 | SCO | buy | $120.630 | long |
2015-08-27 10:02:12 | SCO | sell | $119.540 | 0 |
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