This looked like it was going to pop upward on the 1 min chart, but I was risking too much and the spread was wide so I ended up taking a bigger loss than I wanted. But the big mistake on this trade was that the 1 min setup didn't match up with the 5 min setup. It was an "OK" setup but not very clean. I should've have risked as much as I did on this. It wasn't a real bull flag, it had a strong move down, then a spike up and consolidation on the 1 min. I was thinking if it could pop over the consolidation it could have a nice spike but it did they opposite.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-03 09:39:46 | HABT | buy | $16.200 | long |
2017-03-03 09:39:47 | HABT | buy | $16.150 | long |
2017-03-03 09:45:41 | HABT | buy | $16.050 | long |
2017-03-03 09:46:34 | HABT | sell | $15.800 | 0 |
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