Shared by
josephhackett_BULLS
This trade was made because of the weakness at open and the bearish engulfing candle.....I also noted that the start for AMBA was very similar to the start the day before...so I took the trade with a tight stop and fortunately it worked. I notice that trading fewer stocks allows me to get a bit more familiar with those that I have traded.....I am trying to develop a process where I trade for a couple hours each day and then spend time working on my trading business.
Constantly working on continuing to learn.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-11-05 09:55:00 | AMBA | sell | $56.860 | short |
| 2015-11-05 10:00:00 | AMBA | buy | $54.910 | 0 |
Comments
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That's a big rip, nice entry on the Opening Range Breakdown... good job.