Shared by
Boston
Daily: Base Breakout
Intraday: Bull flag. The problem was that my stop was too close and not in a logical spot. The stock broke out, then pulled back to retest the breakout area. Since I didn't want to lose much on this (trading the pnl not the chart) I stopped out early. Then I got back in when I though this was going to bounce, but was early and stopped out again. All could have been avoided if my entry was a little sooner, and my stop was wider at a logical place.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-07-19 10:40:36 | TRIP | buy | $39.510 | long |
| 2017-07-19 10:40:42 | TRIP | buy | $39.550 | long |
| 2017-07-19 10:40:45 | TRIP | buy | $39.550 | long |
| 2017-07-19 10:40:52 | TRIP | buy | $39.570 | long |
| 2017-07-19 10:50:36 | TRIP | sell | $39.527 | 0 |
| 2017-07-19 10:55:04 | TRIP | buy | $39.550 | long |
| 2017-07-19 10:55:12 | TRIP | buy | $39.560 | long |
| 2017-07-19 10:58:00 | TRIP | sell | $39.470 | 0 |
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