Triple tapper flat top breakout. This was the play of the day. My only regret was that I did not stay in the play longer. I need to learn the difference between scapling out and holding longer.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-15 14:54:52 | CYBR | buy | $47.970 | long |
2016-01-15 14:55:55 | CYBR | sell | $48.130 | 0 |
No but this is deff something i will be working on before the start of the next trading day, went back and watched the video on it too. What are your rules for exiting? One that I plan to throw into mine is exiting when stock starts to get parabolic.
Sure.. I have a living document that I update every 6 months or so. It's due now, but it gives you an idea of the things I think about. Even if they don't work for you, maybe mine can spark and idea for you.
Hope it helps http://www.evernote.com/l/AAQR_sA8N2tAhoNRWGRTkOaITkbb93GtmsI/
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Do you have a well defined 'reasons2exit' set of rules that includes market conditions and anything else relevant to your style of trading?