my only really stupid and bad trade for the day (and it was my last one so thats when i knew it was time to quit for the day before i give back more profits).. if i wanted to play the flag breakout, i should have done it with the setup of buying towards the base of the flag with a tight stop and large position, instead of trying to play the confirmed breakout, (which just failed immediately) oh well -$82 200 shares
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-03 11:17:01 | SPLK | buy | $56.480 | long |
2013-09-03 11:17:14 | SPLK | buy | $56.480 | long |
2013-09-03 11:27:59 | SPLK | sell | $56.065 | long |
2013-09-03 11:28:15 | SPLK | sell | $56.070 | 0 |
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Yeah that was a bit of a chase. buying closer to the 9ema would have been a better entry.