Two trades, two scratches on DCIX. Paid commissions but I can live with that; both attempts were to buy the breakouts, which were the .67 and .76 levels. In both cases I was instantly in the money but the commissions at ST and the share sizes I was using didn't make it worth taking any partials which is an issue that will be mitigated in the future. In hindsight I should have been more patient on the first attempt, once it came back to my entry I got shaken out but if I had a little more patience it would have eventually worked because it was still holding that breakout level. In addition, I woke up a little late today so when I saw DCIX running premarket I shouldn't have chased like I did, a better entry (say the .64 breakout) would have made me more patient to let this trade work. On the second attempt I also bought the breakout and was more patient this time but the stock stalled out pretty badly so I got out quick
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-07-25 08:22:28 | DCIX | buy | $0.6800 | long |
2017-07-25 08:41:37 | DCIX | sell | $0.6800 | 0 |
2017-07-25 09:28:00 | DCIX | buy | $0.7600 | long |
2017-07-25 09:32:47 | DCIX | sell | $0.7308 | 0 |
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