ZN had a big seller at $5.84 that it could not take out, then it flushed hard. I had too many shares
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-07-21 09:37:01 | ZN | buy | $5.740 | long |
2017-07-21 09:41:09 | ZN | sell | $5.430 | 0 |
I see what you are saying, you are correct. Thanks for the feedback, I really appreciate it.
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The stock also had big resistance around 6 on the daily chart.
It was a solid double top short play on daily.
Also the range on first 5min candle was signficant.
Thus, it is very hard to day trade, without stop losses in place right after one enters.
Hindsight is bliss, though.