Took this as a scalp, that was my plan from the outset because the MAs below made me think it wouldn't run far. However, after I closed out and zoomed out and looked at the chart and the pattern, I realized this was a swing, and ADH members were trading it that way as well. So I had a "good" trade, but this one could have been a HOME RUN, so it's a bit disappointing but I will try to learn from this and build on it moving forward.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-15 10:57:53 | WMT | sell | $59.770 | short |
2015-10-15 11:00:34 | WMT | buy | $59.600 | 0 |
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