This was a decent attempt at a reversal trade but the stock was acting ugly, and faked out before going. Correctly entered and managed, perfect trade execution, and I think it was a quality setup as well, just didn't work. I had entered with only a feeler/partial in expectance of a larger timeframe pattern occurring where I could get the rest of my position size, but that never happened and stopped for a small loss. Good trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-01 13:50:30 | NVAX | buy | $6.550 | long |
2015-10-01 14:00:36 | NVAX | sell | $6.480 | long |
2015-10-01 14:00:36 | NVAX | sell | $6.480 | long |
2015-10-01 14:00:36 | NVAX | sell | $6.480 | 0 |
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