Shared by
ckz8780
Two day flat top breakout. I missed the entry on this the previous day (well, admittedly I passed on it because I was annoyed I got filled high due to internet issues and stopped out for a $90 loss, see here
https://www.tradervue.com/shared/trades/517926
) and ended up taking this grinder trade thinking it would break out again. I should have known since the previous day didn't break out with force that this would probably just grind all day. I got bored and sold it flat. This was just trying to get revenge from the previous day I guess, since my initial thought was right and I was mad at myself for not capitalizing on it! Here's a better chart showing my entry, as well as the dip that stopped me out the previous day and the bounce I could have bought for a great gain:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 12:14:05 | PGH | buy | $5.760 | long |
| 2013-07-18 13:57:31 | PGH | sell | $5.760 | long |
| 2013-07-18 13:57:31 | PGH | sell | $5.760 | long |
| 2013-07-18 13:57:31 | PGH | sell | $5.760 | 0 |
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