Nice ORB on this stock, I was originally trying to long it on the R/G. It seemed to be finding support on the daily after fading off of bad earnings the previous week. Got a beautiful pop, but I didn't have that many shares so it wasn't great monetarily.
Since the risk was so small I should have taken a larger size. But I simply wasn't going to do that because this day for me was pure profits, and I didn't want to lose it all because I was in too big (like last Friday).
*Another awesome play was later in the day when it just broke down after lunch.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-06 09:44:34 | CLF | buy | $3.720 | long |
2016-05-06 10:14:54 | CLF | sell | $3.810 | long |
2016-05-06 10:18:06 | CLF | sell | $3.840 | long |
2016-05-06 11:00:51 | CLF | sell | $3.780 | 0 |
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