Pullback buy.
Saw strength in Chinese stocks, decided to trade a pullback. Entered around the 9EMA, anticipating the bounce.
I didn't wait for confirmation. As a result, I stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-07 10:15:24 | BABA | buy | $66.000 | long |
2015-10-07 10:15:24 | BABA | buy | $66.000 | long |
2015-10-07 10:15:24 | BABA | buy | $66.000 | long |
2015-10-07 10:15:24 | BABA | buy | $66.000 | long |
2015-10-07 10:33:43 | BABA | sell | $65.395 | long |
2015-10-07 10:33:43 | BABA | sell | $65.397 | 0 |
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extended high float stock that trades thick..
and u ddint even let it pullback having a 1 candle pullback after such a pop for days doesnt constitute a pullback nor can u take a huge float stock and chase it ever