Shared by
Boston
I went in with small size because I knew this stock was over extended, but I broke my rules and took the trade anyway because the flag looked good. But I NEED to trust the rules I have for myself because I keep losing because of making the same mistakes over and over again. This flag was over extended. Even though it was at the VWAP, this stock was clearly over extended on the intraday chart.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-16 10:32:28 | MCRB | buy | $11.910 | long |
| 2017-03-16 10:41:59 | MCRB | sell | $11.640 | 0 |
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