Shared by
WesleyR_BOWS
SIM DAY #5
Shares traded: 600
Closed P&L: $188.00 <--- ($AMZN only)
P&L/day: $622.00
I was looking for a very quick trade on this. $AMZN is such a high price stock with big range, I wanted to start my day and week green by taking a very quick trade to get in the green. Looking back in hindsight, if I would have just focused more on this stock I could have made a huge gain. BUT, that was not my plan. I have learned through bootcamp, you must have a plan before entering a stock, and then to trade the plan! and that is what I did here. I went short on a 5min candle that began to bear flag with price pulling back up. Covered down into previous candlestick lows.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-11 13:28:40 | AMZN | sell | $604.740 | short |
| 2016-01-11 13:29:52 | AMZN | buy | $604.230 | short |
| 2016-01-11 13:30:40 | AMZN | buy | $603.880 | 0 |
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