-0.3R
1st out of 2 trades in DMND today.
Stock gapped up because of a rumor that another company was planning to acquire it.
I entered a little late actually. I had thought before that it may break out in the afternoon, but I didn't enter soon enough. My stop was at $34.45 and it wasn't reached so I wouldn't have been stopped out.
On my next DMND trade I got an entry higher, but I had a better R/R, because my stop was closer. 2R target was $35.05 on this. On my next trade the 2R target was $34.96.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-23 13:36:13 | DMND | buy | $34.650 | long |
2015-10-23 14:28:26 | DMND | sell | $34.600 | 0 |
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