To me this was a pretty hot set up. It was a flag from the previous day and it was breaking the overnight highs lots of volume on the daily.. One problem was that there was too much risk and on top of that I got a bad fill. (wanted .71 got .91) so I could only buy small size. I think I made a mistake though. I could have easily added shares in a few candles as I raised the stop.
Daily:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-07-01 09:41:05 | SGY | buy | $12.910 | long |
2016-07-01 10:09:25 | SGY | sell | $14.040 | long |
2016-07-01 11:12:42 | SGY | sell | $14.040 | 0 |
whats too much risk when you got a very good entry?
to me this looks like a really good trade (maybe im saying this on hindsight? as i can see the chart now.)
please enlighten the noob. cheers. =)
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sweeettt