Shared by
Hector_j18
Got long 1/2 size ORB setup, jumped in full size on confirmation.
Took 1/2 profits on the rip , added back to full size on the pull back, and took some profits too quick which was a bad move. Should've been more patient.
Second mistake I made was adding when it tested 6.50s again.. Rule of thumb don't add on a rip, add on the pullback.
Then I messed up my average and got out when 6.50s test failed to not give back profits..Also another bad move.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-04-07 09:33:23 | LEI | buy | $5.530 | long |
| 2016-04-07 09:37:01 | LEI | buy | $5.610 | long |
| 2016-04-07 09:43:33 | LEI | sell | $6.240 | long |
| 2016-04-07 09:48:46 | LEI | buy | $5.900 | long |
| 2016-04-07 09:51:10 | LEI | sell | $6.090 | long |
| 2016-04-07 09:56:07 | LEI | buy | $6.600 | long |
| 2016-04-07 09:58:08 | LEI | sell | $6.140 | 0 |
| 2016-04-07 10:20:55 | LEI | buy | $6.690 | long |
| 2016-04-07 10:21:08 | LEI | sell | $6.670 | 0 |
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