took this with a couple other good traders who were in it and it was working great but we were just waiting for 55 to hit as a target which seemed very in reach. Needless to say it came back in and took back most of the profits I had in this. Had about 3R at one point but just wanted to wait till just infront of 55. I think it was the right thing to wait for the 55 but who knows. Still a profit.
NET: +0.85R
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-29 12:27:53 | LLY | buy | $54.555 | long |
2013-01-29 13:49:05 | LLY | sell | $54.640 | 0 |
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