Shared by
sk6345
stock gapped on daily. wasn't truly a clean gap which should have been my queue to leave it alone. bought at the break of the first candle. stock ened up pulling back in the next candle and I exited just before being stopped out. reentered again when I saw 9 ema had caught up with flagging price and that price was still holding vwap. I was stopped out. Then reentered again thinking it would take off this time but it didn't.
Wasted far to much mental capital on this stock. plus the range on it was to big for me to set a stop that I am comfortable with. I wasn't using the ma's to set my stock because they were too far away for my comfort. As they should be because stocks that make bigger moves need more space to move.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-06-14 09:39:37 | ALXN | buy | $116.270 | long |
| 2017-06-14 09:41:14 | ALXN | sell | $115.860 | 0 |
| 2017-06-14 10:34:06 | ALXN | buy | $115.950 | long |
| 2017-06-14 10:35:27 | ALXN | sell | $115.720 | 0 |
| 2017-06-14 10:37:07 | ALXN | buy | $116.160 | long |
| 2017-06-14 10:57:23 | ALXN | sell | $116.020 | 0 |
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