Grade=C
P/L= +0.9R
Entry: bear flag. Pretty early on the entry. I was a bit too scared of missing the move. Luckily I had the patience to wait and the setup did eventually happen.
Result: Got the move and scaled out in halves. It was a biggish move and 1/3 scaling would have been more beneficial in this case.
Lesson: I think I might want to look at the stock and the float and decide how the stock moves and how many candles to wait on flag entries as a minimum.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-09 11:31:08 | KMI | sell | $16.750 | short |
2015-12-09 12:05:43 | KMI | buy | $16.520 | short |
2015-12-09 12:25:04 | KMI | buy | $16.449 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!