Daily Thoughts
Gaped down under recent support
Intraday Thoughts
SSR was on so i waited for the stock to spike up and then break below vwap. Thats when I entered. I covered half my position at LOD but then made the mistake of holding on to the other half too long. As soon as it breaks the trend line thats my sign to get out the my position. I gave back like 40 bucks... had I followed my rules This would of been a decent gain.
P&L: $28
Notes on trade: Dont get greedy and hope that the stock is just going go back down. Follow your rules and take the gains.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-04-17 09:53:07 | INCY | sell | $125.720 | short |
2017-04-17 09:55:21 | INCY | sell | $125.620 | short |
2017-04-17 10:01:37 | INCY | buy | $124.570 | short |
2017-04-17 10:10:16 | INCY | buy | $125.640 | 0 |
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