This one was a little frustrating. Both times I bought support and then both times, it kicked under my trendline, stopping me out for losses. I think that it was a good decision not to get back in that third time though. However, all that being said, I don't think that these were bad trades. The thesis was there, the pattern was there, I bought on support, and limited my risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-08-11 11:20:06 | BABA | buy | $92.100 | long |
2016-08-11 11:34:49 | BABA | sell | $91.802 | 0 |
2016-08-11 12:04:50 | BABA | buy | $92.080 | long |
2016-08-11 13:26:58 | BABA | sell | $92.100 | 0 |
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