Intraday flag break. Stop at $10.75 as this was the 3rd time it tested highs and I knew it would rip once it broke that high. I doubled up to 4k shares once the volume finally came in and really hammered this one home.
4000 shares
+$1390.00 (4.35%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-28 12:53:07 | ZLC | buy | $11.030 | long |
2013-08-28 14:07:46 | ZLC | buy | $11.060 | long |
2013-08-28 14:46:46 | ZLC | sell | $11.320 | long |
2013-08-28 14:54:44 | ZLC | sell | $11.410 | long |
2013-08-28 14:56:56 | ZLC | sell | $11.520 | 0 |
Awesome Chris. Great entries and exits. What are your tags if you don't mind me asking. I'm trying to create my own but the consistency is tuff to keep them all straight.
IFB = Intraday flag break
IBD = Intraday short breakdown
IBS = Intraday bounce short
PT = Paper trade
CT = Counter trend
GNG = Gap n go
MBD = morning breakdown
I think that's it. As you can see I trade a lot of GNGs and IFBs. Those are my two favorite setups, followed by probably inraday short breakdowns. I think when I was in Florida with Kunal I also tagged all of the ones I did there with KT (kunal trade, lol). Anyway usually if the tag is there I will note the setup name in the notes.
And yeah consistency just comes once you start to notice patterns in your trading. I didn't tag my stuff when I first started trading, but then as I started defining my style more and really honing in on what I wanted to call the setups it became easier to tag them.
Awesome, thanks. Trying to stay extremely consistent with what i'm doing to get this.
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nice trade.