I over traded this and was not sizing correctly because I was chasing... Just a bunch of mistakes on this trade. First, I didn't let it build a base and round before getting in. I got stopped out almost immediately on the first attempt. I then jumped back in when I saw some green candles which isn't a buy signal. That also made me chase a little and place my stop in an irrelevant location.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-08-12 10:47:24 | NFLX | buy | $96.220 | long |
2016-08-12 10:48:03 | NFLX | buy | $96.240 | long |
2016-08-12 10:50:15 | NFLX | sell | $96.080 | 0 |
2016-08-12 11:01:52 | NFLX | buy | $96.160 | long |
2016-08-12 11:12:02 | NFLX | buy | $96.210 | long |
2016-08-12 11:15:54 | NFLX | buy | $96.260 | long |
2016-08-12 11:32:23 | NFLX | sell | $96.010 | 0 |
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