This was a R/G play, and I bought the stock when broke over the close of previous day. This was a good play but bad risk management. I should have scaled out around $6.70-$6.80, and then set my stop at my buy point, and I would have made a profit on this instead of lost.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-12 09:39:40 | DFFN | buy | $5.990 | long |
2017-01-12 10:00:25 | DFFN | sell | $5.700 | 0 |
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