The first gap and go trade of the morning. Went long the trade 400 shares but stopped out on lack of follow through. The daily chart did not show clean patterns, only that it was above its 200 moving average. Strategy should exclude gap and go setups as they are too volatile and do not always allow for 10 cent profits. Stopped out of the trade with a net loss of $13.97.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-12-08 09:30:05 | GLBS | buy | $1.920 | long |
2017-12-08 09:30:15 | GLBS | sell | $1.910 | 0 |
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