Had an alert for ORB and bought then.
Didn't go anywhere and got STOPPED out - yay had my stop set
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-10 09:54:06 | KND | buy | $14.730 | long |
2013-10-10 10:02:13 | KND | sell | $14.680 | 0 |
Didn't look at my checklist - but have it out now
Thanks
but I did honor my Stop
Nape_BOWS
Question: In an ORB are there multi green candles - should the price be close to support?
I think everytime that I have mistakenly bought on multiup green candles it is because I am confusing it with an opening range breakout.
Ok I thought there had to be several candles in a row and then a break above those.
...but if a stock is up several candles in a row, that stock would be extended right? you dont never wont to buy a stock that is extended even if it is about to breakout..
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you bought on the 5th green candle.. thats way to high.