-0.15R - Was playing it close to the vest to protect my profit for the day, so when this broke the highs and just stuck there for 25 minutes, I bailed. Of course it ran 30 minutes later.
-$21
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-23 13:11:06 | FB | buy | $40.150 | long |
2013-08-23 13:48:37 | FB | sell | $40.120 | 0 |
This is a tough one to trade IMO. with such huge volume sometimes it gets stuck cause of algos and HFTs, same thing happens with stocks like HPQ, MSFT, ZNGA, etc. On those you need to either catch them very early in the morning or wait for a huge volume spike. There was no vol push when you bought, it was basically just HFTs scalping back and forth for fractions of a penny.
BTW how is this POS with $40 now anyway? Good lord...
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aahh it did a head fake... that was a good attempt though. have to get back in that next time.