No setup on this. I saw the $70.30ish break potential from the previous day (see 15 min chart) but I bought it too high and didn't want to give it room to work. Should have had a LOD stop or left the trade alone. I made money on the first trade but I felt that I left some on the table and re-entered, then sold for a larger loss. Just bad risk management and a crappy setup.
300 shares each trade
-$111.51 (+0.90%, -1.00%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-10 09:32:19 | GMCR | buy | $70.265 | long |
2013-10-10 09:33:21 | GMCR | sell | $70.896 | long |
2013-10-10 09:35:28 | GMCR | sell | $70.300 | 0 |
2013-10-10 09:43:33 | GMCR | buy | $71.055 | long |
2013-10-10 09:56:25 | GMCR | sell | $70.350 | 0 |
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I suck at trading within the first candle.