I liked the momentum on this stock. Clean chart pattern, lots of volume, all of which made it an easy trade.
Didn't like the red candle that was forming so I got out very quickly so I wouldn't give back any of my profits on my earlier trade on this one. Risk management. Poor entry. But hey, it's Valentine's Day and I'm in the green =)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-14 09:34:00 | ZAIS | buy | $3.200 | long |
2017-02-14 09:36:00 | ZAIS | sell | $3.480 | 0 |
2017-02-14 12:15:00 | ZAIS | buy | $4.610 | long |
2017-02-14 12:15:00 | ZAIS | sell | $4.660 | 0 |
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