Shared by
Boston
This stock was over extended on my first entry for a bullflag/pullback trade. I was lucky on my second attempt, I made back the loss and ended the trade with a small gain. This stock was very frustrating because it moved up very slowly and was a real grind. When I sold my final shares, the stock had the pop in price that I was looking for originally. I just timed this trade wrong. I need to pay attention to higher time frames and see if they look over extended. This seems to be a big problem of mine.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-08 09:41:39 | PLCE | buy | $116.800 | long |
| 2017-03-08 09:44:46 | PLCE | sell | $116.000 | 0 |
| 2017-03-08 09:52:02 | PLCE | buy | $115.800 | long |
| 2017-03-08 09:52:28 | PLCE | buy | $116.200 | long |
| 2017-03-08 09:57:26 | PLCE | sell | $114.500 | 0 |
| 2017-03-08 10:00:44 | PLCE | buy | $115.200 | long |
| 2017-03-08 10:14:30 | PLCE | buy | $115.200 | long |
| 2017-03-08 10:21:25 | PLCE | buy | $115.850 | long |
| 2017-03-08 11:40:52 | PLCE | sell | $116.900 | long |
| 2017-03-08 11:50:53 | PLCE | sell | $116.800 | long |
| 2017-03-08 11:51:01 | PLCE | sell | $116.400 | 0 |
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