After hitting the tier 1 incentive level, I decided to close up my open positions and shut it down for the day. This trade would have worked out but I don't regret taking the rest of the day off.
As far as a setup, it could be classified as a base breakout or 1-2-3 long. But really, my entry for this trade was based on the support at $16 which was also the bottom trend line of the flag formation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-17 12:42:02 | VRA | buy | $16.090 | long |
2015-12-17 12:42:33 | VRA | sell | $16.080 | 0 |
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