This entry wasn't horrible, but to the wrong side. Gaps are like vacuums, and need to get filled. I should have taken the ORB to the short side for a nice dollar run. I'm always trading in the direction of the gap, but I've found that's not always the case unless there is a strong fundamental catalyst.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-07 09:44:59 | VRX | buy | $37.030 | long |
2016-04-07 09:45:32 | VRX | sell | $36.880 | 0 |
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