Flag pattern on daily. Had nice entry on first trade and sold b/c nothing was happening but then it popped, premature sell.
Second entry chased up and then got stopped out which is unfortunate since it popped back up.
1500
1200
$-96.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-08 13:31:21 | REGI | buy | $15.490 | long |
2013-07-08 13:42:44 | REGI | sell | $15.490 | 0 |
2013-07-08 13:51:05 | REGI | buy | $15.550 | long |
2013-07-08 14:07:01 | REGI | sell | $15.470 | 0 |
second trade was a revenge-chase trade, which tend to end badly! try to avoid, imo :3
good news is, the original trade idea would have worked for some gain. but man, so extended from ripping from 14.8 to 15.4 like that. daily is gettin jiggy for sure lol
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ur sells were tricky as u had no reason too 15.40 is the big support so ur stop goes under there.