Perfect morning breakdown but screwed up the 2nd half. I think I need to just scalp these at lows when I am anticipating more than a few cents, since they almost always bounce. This could have been a $70 trade but I gave back over 50% of it by getting stopped out flat on the 2nd half. Still tweaking this setup and developing the rules. Not a bad trade at all though.
+$30
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-26 09:44:51 | USG | sell | $26.990 | short |
2013-03-26 10:00:24 | USG | buy | $26.660 | short |
2013-03-26 10:09:38 | USG | buy | $27.020 | 0 |
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