Shared by
ckz8780
Intraday flag break. Aggressive trade as I was down a lot because of an interruption at work in the morning that cost me way too much money. I did chase the initial entry a little, but with such an obvious break I felt I could simply set a 10-12c stop and keep risk manageable. I added 2k more after it held the breakout, then another 2k into the $10 break which I knew would spike it a few cents. I sold quickly into the rip through $10 since I knew it was extended and wouldn't hold long. Overall even though this was much more aggressive than I would normally be I think it was a pretty well-managed trade with a nice percentage gain.
6000 shares
+$1800.00 (4.95%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-13 10:21:17 | RMTI | buy | $9.690 | long |
| 2013-09-13 10:52:32 | RMTI | buy | $9.860 | long |
| 2013-09-13 11:05:41 | RMTI | buy | $9.970 | long |
| 2013-09-13 11:14:50 | RMTI | sell | $10.110 | long |
| 2013-09-13 11:23:06 | RMTI | sell | $10.170 | 0 |
Comments
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Nice entries and sells, dang!