I keep trying to hit TASR as a snapback. I git in as a g2r and ended up dumping as a scratch trade when it reversed on me.
Entry: 11.37
Stop: 11.47
Target: 11.17
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-26 09:38:15 | TASR | sell | $11.370 | short |
2013-08-26 10:40:49 | TASR | buy | $11.380 | 0 |
I am thinking of scaling out at 1:1 instead of now where I hold for 2:1 for the initial scale out - would have worked nicely here and flattened my risk. Considering this would also free me up to add a new position, it might be worth more than even the implied profit taking.
tricky sucker! it wont die!
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Again! I took the same trade, your right on it! You just need to cover on the flushes. And once you see it breaking major support.. It's time to cover.