Did not have any setup on the daily and should not have entered the trade.
Stock had a run up intraday and I entered the trade on the mini flag breakout but I did not sold on a spike expecting a bigger move and reaching my 2:1 target but that did not happen.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-18 13:57:18 | ASTM | buy | $5.160 | long |
2013-10-18 13:57:18 | ASTM | buy | $5.160 | long |
2013-10-18 14:29:15 | ASTM | sell | $5.102 | long |
2013-10-18 14:29:15 | ASTM | sell | $5.102 | long |
2013-10-18 14:29:24 | ASTM | sell | $5.100 | long |
2013-10-18 14:29:24 | ASTM | sell | $5.100 | 0 |
Yeah, the spread is really really crazy Nape. Traded it but with limit order only.
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I have been watching this stock too.. the spread on it is crazy.. careful trading this one