Flag breakout on the intraday. First trade: moving averages off, should have waited for more consolidation. Second trade not a bad entry but got stopped out, my stop was lower then I wanted which resulted in a greater then $100 loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-06-27 09:59:20 | CERE | buy | $3.540 | long |
2013-06-27 10:01:29 | CERE | sell | $3.430 | 0 |
2013-06-27 10:21:17 | CERE | buy | $3.530 | long |
2013-06-27 10:44:55 | CERE | sell | $3.390 | 0 |
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we were too early i think on that first flag u did.. it had run up a lot.. needed to chill.