Took it hard on the gap down
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-22 15:52:33 | CPRX | buy | $1.220 | long |
2016-04-22 15:53:36 | CPRX | buy | $1.220 | long |
2016-04-26 09:51:21 | CPRX | sell | $0.6100 | long |
2016-04-26 09:51:43 | CPRX | buy | $0.6148 | long |
2016-04-26 09:53:14 | CPRX | sell | $0.6050 | long |
2016-04-26 10:09:14 | CPRX | sell | $0.5750 | long |
2016-04-26 10:18:46 | CPRX | sell | $0.6401 | long |
2016-04-26 10:44:49 | CPRX | sell | $0.6600 | long |
2016-04-26 10:45:04 | CPRX | sell | $0.6601 | long |
2016-04-26 11:08:43 | CPRX | sell | $0.6400 | long |
2016-04-26 14:37:11 | CPRX | sell | $0.6096 | 0 |
@kunal00 I was already in a swing as it was above its 50dma for the first time in a while. Was after a technical breakout.
When it gapped down 50% on news I spent the day trying to exit my position to minimize the loss.
Learned my lesson on holding biotech overnight
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u don't need to be in these! there is no edge on that gap down and this thing is .50 cents ur timing has to be perfect but its not enough range to give u what u need