And...that's exactly what you did! What's funny was that I had forgotten that I took just this setup I had mentioned on the failed setup I mentioned in my commentary on the previous LINU scalp trade I took chasing it out of the open.
What's interesting here is that you got in in anticipation of the first 1-minute candle to make a new high, which was why you got a good entry on this trade. And you also got just about 10 cents like I mentioned in my last comment on this trade.
What this tells me was that you had actually made a more concerted effort to look for the obvious setups while you were trading in the moment. You should always be looking back at your trades and be able to see logic of why you had gotten in and where, just like on this one.
I got in with 500 shares and scalped for just over a 10 cent move on this one. Commissions were quite rough on this trade though. Closed for a $35.00 net realized gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-12-28 09:33:39 | LINU | buy | $2.060 | long |
2017-12-28 09:33:52 | LINU | sell | $2.170 | long |
2017-12-28 09:34:02 | LINU | sell | $2.150 | 0 |
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