Hmmm, it appears I chased this first flag break quite a bit. I got out close to flat since I knew I had chased it. Second attempt was good. Another flag break, bigger size since it was breaking HOD, but again no follow through. Broke my rule of waiting for it to actually break the high. Should have been a buy at $6.76, not $6.75.
I believe the real trade (if any) in this, was from $6.60 to $6.75.
1st trade:
500 shares
-$8.73
2nd trade:
800 shares
-$40
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-05-16 12:04:55 | NGD | buy | $6.670 | long |
2013-05-16 12:04:55 | NGD | buy | $6.664 | long |
2013-05-16 12:47:57 | NGD | sell | $6.650 | 0 |
2013-05-16 14:15:13 | NGD | buy | $6.750 | long |
2013-05-16 14:15:13 | NGD | buy | $6.750 | long |
2013-05-16 15:59:32 | NGD | sell | $6.700 | long |
2013-05-16 15:59:32 | NGD | sell | $6.700 | long |
2013-05-16 15:59:32 | NGD | sell | $6.700 | long |
2013-05-16 15:59:32 | NGD | sell | $6.700 | 0 |
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