Shared by
VasoBOWS
$140.50 - $FIVE was a lesson in patience and continuing to play the setups that you see without second guessing. I had gotten stopped out the first two times on the day, but saw another opportunity on the pullback of the flag that was forming around 10:30. I held without violating my stop and was able to scale out effectively over a couple of hours with my last lot selling at the HOD. Even though I got stopped out twice, I had minimized my losses and was able to still make a profit on the third go.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-24 09:48:56 | FIVE | buy | $44.010 | long |
| 2013-09-24 09:48:56 | FIVE | buy | $44.000 | long |
| 2013-09-24 10:00:00 | FIVE | sell | $43.840 | long |
| 2013-09-24 10:00:03 | FIVE | sell | $43.950 | long |
| 2013-09-24 10:00:03 | FIVE | sell | $43.900 | 0 |
| 2013-09-24 10:01:19 | FIVE | buy | $43.780 | long |
| 2013-09-24 10:01:56 | FIVE | buy | $43.850 | long |
| 2013-09-24 10:01:56 | FIVE | buy | $43.870 | long |
| 2013-09-24 10:21:55 | FIVE | sell | $43.640 | long |
| 2013-09-24 10:21:55 | FIVE | sell | $43.640 | long |
| 2013-09-24 10:21:55 | FIVE | sell | $43.660 | long |
| 2013-09-24 10:21:55 | FIVE | sell | $43.640 | 0 |
| 2013-09-24 10:30:26 | FIVE | buy | $44.000 | long |
| 2013-09-24 12:19:55 | FIVE | sell | $44.250 | long |
| 2013-09-24 12:20:00 | FIVE | sell | $44.250 | long |
| 2013-09-24 12:20:00 | FIVE | sell | $44.250 | long |
| 2013-09-24 12:44:06 | FIVE | sell | $44.520 | long |
| 2013-09-24 12:45:40 | FIVE | sell | $44.520 | long |
| 2013-09-24 13:47:34 | FIVE | sell | $45.000 | 0 |
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