Good- Enter trade on support and placed stop just below. Scaled out at resistance
Bad- Second exit was premature.
Lesson- Allow a little space for stocks to push past resistance. Move stop up to buy spot once the original sell is executed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-31 15:39:00 | OPGN | buy | $1.720 | long |
2016-05-31 15:40:00 | OPGN | sell | $1.790 | long |
2016-05-31 15:42:00 | OPGN | sell | $1.770 | 0 |
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