Grade=D
The setup: bear flag
The result: Stopped out. The stock had finished really moving for the morning. I did have a lower high, but really the midday price had been discovered and this wasn't a good time to be in it. I would need more reasons to get into a trade at 12:19 in a big board stock like this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-15 12:19:43 | BABA | sell | $63.960 | short |
2015-09-15 12:45:52 | BABA | buy | $64.070 | 0 |
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