Shared by
Boston
I got long because this started to make a trend line and looked like it was going to break. In a way this was a bull flag, but the stock was very volatile. When I got in for my first entry, I took too big of size so had to scale down. It went down and almost hit my stop, when it started to move back up, I added more thinking it would move in my direction. It just chopped around and when it started pulling back to my stop, I didn't want to take the full loss, so I got out early.. If I stayed in, it wouldn't have stopped me out, and it would have been a nice trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-06-09 09:57:22 | BABA | buy | $146.000 | long |
| 2017-06-09 09:57:24 | BABA | buy | $146.070 | long |
| 2017-06-09 09:57:33 | BABA | sell | $145.970 | long |
| 2017-06-09 10:01:27 | BABA | buy | $145.960 | long |
| 2017-06-09 10:10:49 | BABA | sell | $145.570 | long |
| 2017-06-09 10:10:54 | BABA | sell | $145.510 | 0 |
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