daily bull flag breakdown. saw trend yesterday so was ready. 1st trade: 1/2 size since stop was ~1% and pattern was not cleaned to me. Should sell 1/2 but my mind was stuck on a number to sell at for next resistance (Metal note: take profit on 1/2 when it is extended); had to cover all since it was coming up on strong volume; 2nd trade: Saw it breaking down at 3 min for another short entry, but later discover 5 min trend is extended; need to get out ASAP; (I could have hold on, but I violated my own rules for not getting into extended stock so exit)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-20 09:53:00 | MTG | sell | $4.750 | short |
2013-03-20 10:35:00 | MTG | buy | $4.700 | 0 |
2013-03-20 10:55:00 | MTG | sell | $4.640 | short |
2013-03-20 11:00:00 | MTG | buy | $4.640 | short |
2013-03-20 11:00:00 | MTG | buy | $4.640 | 0 |
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