Shared by
ckz8780
Intraday flag break(s). First entry was very high because I had an old alert set at $7.98 from the morning and had not adjusted it down after it took forever to consolidate. I chased that entry a lot so I sold quickly when it failed $8.20 (which I expected it to do). 2nd entry was perfect and I hit my goal just as it was cracking the HOD, so as painful as it was to sell this when I knew it was gonna keep going, I honored my daily goal and sold it because in my experience it is always when I "know" something is going to go that I push it and give back profits. overall good trade and on watch for continuation tomorrow.
300 shares each trade
+$100.52 (1.63%, 2.59%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-07-15 11:52:27 | IQNT | buy | $7.992 | long |
| 2013-07-15 12:09:50 | IQNT | sell | $8.120 | 0 |
| 2013-07-15 12:36:41 | IQNT | buy | $8.100 | long |
| 2013-07-15 12:46:37 | IQNT | sell | $8.312 | long |
| 2013-07-15 12:47:53 | IQNT | sell | $8.302 | 0 |
Comments
Patti-Garland
perfect entry on your second trade ... and, congrats for sticking to your rule
JoJoTrades
nicely done. 2nd trade was beauty ;-)
normally, if you had more size, we all know you woulda only sold 1/2 there, and let the other 1/2 rip up to 8.50s
kunal00
nice ncie
ckz8780
Yeah I definitely wanted to let this run. You can actually see if you look at my sells I sold 150 at 12:46 and then another 150 at 12:47. That 1 min of time was when I was telling myself "don't be stupid, you're at your daily goal...take it and stop trading" then I sold it and 1 second later it busted the high and blew up, as I expected. lol oh well
Patti-Garland
oh god, i can feel it LOL
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Nice Trade! looks like a perfect entry on the second flag break