Stock looked like it was holding the moving averages so I tried going long. It also made a higher low. But based on the daily chart it was already up 4 days in a row so I should of been looking to short this instead. Good entry and risk management for going long but overall should of not did it based on the daily chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-19 10:56:19 | VTL | buy | $6.720 | long |
2015-10-19 10:56:24 | VTL | buy | $6.710 | long |
2015-10-19 11:09:22 | VTL | sell | $6.630 | 0 |
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