Needed a deeper pullback on this trade for the flag to work. Got out when breaking even.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-21 11:34:45 | SVXY | buy | $35.320 | long |
2016-01-21 11:42:49 | SVXY | sell | $35.320 | 0 |
Agreed. I really liked your entry on this. Stop was clear, the wick of the candle previous to what you bought
Gotcha I will remember that, especially since the wick of the last candle was where the stop should have been. I will remember to take a smaller size to accommodate a looser stop rather then the tight stop with larger size.
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stops are too tight