Swing
Grade=D
The setup: flag on the daily
The result: Stopped out on an opening spike to the downside. It was a pretty severe spike, but I suppose I could have had my stop at 1.49 to absorb outliers such as this and monitored the situation manually. The entry wasn't great and I bought high. That was where my problems beggan with this trade and I wasn't in a position of strength to handle the ups and downs and have my stop loose enough. Maybe I should have just abandoned this trade earlier when I discovered I wasn't in a great spot.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-23 10:44:59 | VVUS | buy | $1.680 | long |
2015-09-28 09:34:22 | VVUS | sell | $1.510 | 0 |
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