I was looking for a r2g move on TASR because it was extended on the daily. It didn't quite meet my trading plan but the chart looked shortable with a nice high tail the day before.
Entry: 10.43 (10.45 actual)
Stop: 10.62
Target: 10.03 or watch near 10
I got a good fill on the short with a stop above the opening high. Unfortunately it reversed and I took a reasonable loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-20 09:31:00 | TASR | sell | $10.450 | short |
2013-08-20 09:44:17 | TASR | buy | $10.610 | 0 |
Yeah red to green is new for me. I like the idea of it, will have to see how it fits.
Very glad I was able to change gears and use TASR for some bucks later.
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I see what you were thinking, i see why you put the stop where you did. I think this was a good trade other then it was taken right off the open. Everything is always very spikey for 1st 15 minutes.