Perfectly executed flag breakout with excellent patience. Great, low risk entry, held through the pullback and consolidation above my stop, and sold all into the end of day spikes. Overall just a great trade, if I do say so myself :) This is a new type of play I'm experimenting with where if a stock has positive news or a strong daily breakout and shows early strength, I will take half on a quick spike and just hold the rest for the entire day unless it hits my stop at breakeven, regardless of support or resistance, because often I find that I am taking profits on the second half just because it broke some level of support that lasted half an hour or an hour, and when I look back at the chart at the end of the day I see that it never broke the major trend. So I am trying to honor the major trends more and cut back on the number of trades while increasing % gain!
300 shares
+$128.63 (3.74%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-17 12:15:00 | AMBA | buy | $18.450 | long |
2013-07-17 12:29:45 | AMBA | sell | $18.750 | long |
2013-07-17 12:32:03 | AMBA | sell | $18.750 | long |
2013-07-17 12:32:03 | AMBA | sell | $18.750 | long |
2013-07-17 15:00:28 | AMBA | sell | $18.941 | long |
2013-07-17 15:47:23 | AMBA | sell | $19.141 | 0 |
fantastic first sell spot, and then SUPERB patience and final exits. great work, mate
heheh good job
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All around Great job! Shit you got down on this trade!