risk 10 cents.. exit 30 cents
11.52 and 11.48 were previous months' closing prices
exit was horrible since it was based on emotion of greed which led to fear.. instead of reason in which the 1st target was VWAP
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-29 14:25:28 | CONN | buy | $11.620 | long |
2016-03-29 14:29:07 | CONN | buy | $11.620 | long |
2016-03-29 15:00:23 | CONN | sell | $11.910 | 0 |
it was based on daily and weekly chart - previous levels holding 11.5s above/under.
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why were you expecting a bounce up here?