oh man... if i remember correctly,,
Trade 1: longed 400 for the opening range breakout, which worked nicely, but it faded quickly and i could only sell half for a decent profit and stopped flat the second half..
Trade 2: longed 500 for the bounce play, it worked but then someone pulled the rug out pretty quick and i sold flat or few buck gain i think...
Trade 3: longed 500 again for the triple top breakout,., i knew this one HAD to work haha and it did and i sold half right at the peak, and stopped out flat second half... this thing just did not want to sustain any sort of breakout rebreakout type pattern, decent profit none the less from half.
Trade 4: gave it all back with a classic overtrade, thought it was gonna breakout over 17.50 again but i had no setup except that it was holding a decent level of support under it, and i paid for it justly.
All in all still netted +$31 with the four trades... but definitely learned my lesson to not try to force or give any one stock to much benefit of the doubt that its going to work, let it prove itself to me instead.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-06 09:35:59 | AMBA | buy | $17.000 | long |
2013-09-06 09:35:59 | AMBA | buy | $17.000 | long |
2013-09-06 09:38:43 | AMBA | sell | $17.250 | long |
2013-09-06 09:38:43 | AMBA | sell | $17.250 | long |
2013-09-06 09:42:58 | AMBA | sell | $17.000 | 0 |
2013-09-06 10:06:51 | AMBA | buy | $17.220 | long |
2013-09-06 10:16:46 | AMBA | sell | $17.210 | long |
2013-09-06 10:16:46 | AMBA | sell | $17.236 | long |
2013-09-06 10:16:46 | AMBA | sell | $17.210 | long |
2013-09-06 10:16:46 | AMBA | sell | $17.270 | 0 |
2013-09-06 10:27:25 | AMBA | buy | $17.380 | long |
2013-09-06 10:27:25 | AMBA | buy | $17.390 | long |
2013-09-06 10:27:25 | AMBA | buy | $17.390 | long |
2013-09-06 10:27:27 | AMBA | buy | $17.400 | long |
2013-09-06 10:35:14 | AMBA | sell | $17.650 | long |
2013-09-06 10:35:14 | AMBA | sell | $17.650 | long |
2013-09-06 10:35:15 | AMBA | sell | $17.650 | long |
2013-09-06 10:38:29 | AMBA | sell | $17.390 | long |
2013-09-06 10:38:29 | AMBA | sell | $17.400 | long |
2013-09-06 10:38:29 | AMBA | sell | $17.390 | 0 |
2013-09-06 11:28:09 | AMBA | buy | $17.450 | long |
2013-09-06 11:28:16 | AMBA | buy | $17.441 | long |
2013-09-06 12:08:10 | AMBA | sell | $17.150 | long |
2013-09-06 12:08:10 | AMBA | sell | $17.150 | 0 |
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