-0.1R
ENTRY: stock price looked weak and I figured it would break under the VWAP. Stop was tight at $7.50.
EXIT: the price went to my 1R target and then reversed. I exited flat.
The price went exactly to $7.50 and then started downtrending again. I got a better R/R from my next trade in ICON though. 2R target was $7.07 on this and $7.13 on my next trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-06 10:40:45 | ICON | sell | $7.370 | short |
2015-11-06 10:49:47 | ICON | buy | $7.380 | 0 |
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