As I noted in an earlier post I entered CMG @ $432.21 with stop at $431.50....immediately CMG started to climb....I raised my trailing stop along the way between .50 and a $1.00 at a time as CMG continued at the first consolidation I sold 50 shares at $439.10....then CMG climbed again this time all the way to $443.+....I sold another 25 shares and set my stop a bit lower to $436. where it had originally consolidated at noon...I was well into the money now and only holding 25 shares so I just kept checking back on it once CMG that $443. level was previous resistance once at around 3:00 pm and prior to that around 1:15 pm
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-25 11:42:00 | CMG | buy | $432.700 | long |
2016-01-25 12:23:00 | CMG | sell | $439.100 | long |
2016-01-25 13:20:00 | CMG | sell | $443.050 | long |
2016-01-25 15:40:00 | CMG | sell | $443.120 | 0 |
Man, I need to work on my patience. I could learn something from you! Nice trade.
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excellent