Shared by
sk6345
Bear flag breakdown continuation on the daily. Sold into a bear flag for 600 shares at $44.82. Bought back half at $44.47. Bought the rest at $44.25. Feeling lucky (being emotional), I broke one of my rules and reentered into a winner. Sold 600 shares into a pullback once I seen a red candle hold. The price was $44.22. Price pulled back and I exited at $44.41. I got lucky this time and still ended with a profit, but it was definitely a mistake.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-10-20 09:43:00 | KITE | sell | $44.820 | short |
| 2016-10-20 09:48:00 | KITE | buy | $44.470 | short |
| 2016-10-20 10:00:00 | KITE | buy | $44.250 | 0 |
| 2016-10-20 10:06:00 | KITE | sell | $44.220 | short |
| 2016-10-20 10:10:00 | KITE | buy | $44.410 | 0 |
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