I had an okay entry or so I thought, but the spike took out my stop. I should have not have had a tight stop, the stock ended up running all day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-07 10:21:20 | DGIT | buy | $9.510 | long |
2013-08-07 10:21:20 | DGIT | buy | $9.510 | long |
2013-08-07 10:21:20 | DGIT | buy | $9.510 | long |
2013-08-07 10:29:48 | DGIT | sell | $9.440 | long |
2013-08-07 10:29:48 | DGIT | sell | $9.420 | long |
2013-08-07 10:29:48 | DGIT | sell | $9.411 | 0 |
thge stop was a bit tight.. these 10 dollar stocks are a bit thin and so there can be a spread sometimes of 5 cents so you need to go a bit smaller with looser stop
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Choppy day in the market. Did a head fake to shake people out of the trade then ripped right after. But if you check the 9ema on 5min chart it never broke support.