Good- I've been watching this for the past week to buy on support. Bought as stock pulled back to support.
Bad- I made a profit, but this was just crumbs compared to what could've been made. Sold before the big rip.
Lesson- Watch the exit methodology. After selling part of my position I could've place the stop at the entry price and zeroed all risks while holding shares for the big rip.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-31 12:23:00 | MGT | buy | $2.400 | long |
2016-05-31 13:16:00 | MGT | sell | $2.450 | long |
2016-05-31 13:17:00 | MGT | sell | $2.440 | 0 |
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