Shared by
Boston
This was an ok entry. The only thing I would have done differently is wait for confirmation. This was resting on top of the VWAP and I saw that it was stalling. I got in with small size because it was a starter position and I didn't know if this was going to work or not. It ended up not working so I took a small loss, but I was willing to add to this if it started to bounce and move in my direction.
Another note, the 5 min chart looked clean, but I needed to wait until it looked like it was going to break the previous candle's high.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-06-20 09:55:10 | MRVL | buy | $18.050 | long |
| 2017-06-20 09:56:56 | MRVL | sell | $17.990 | 0 |
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