Good small scalps today, with 100% accuracy. The first trade I took later in the day was on LEDS. It was a decent opportunity for a scalp setup, but I am glad I did not take fulling buying power because this stock gapped down sharply right out of the open and it was trading against a heavy inside daily candle from the prior day's bullish move.
You scalped this stock above support on a 1-minute volume push. You were able to sell half of your position for 10-20 cents of profit, but not without cancelling and replacing orders again. You had to sell on the way down below your entry for the rest of your position on poor liquidity.
You still managed to close your position green for a $51.15 net realized gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-01-11 09:57:49 | LEDS | buy | $5.420 | long |
2018-01-11 09:58:13 | LEDS | sell | $5.600 | long |
2018-01-11 09:58:34 | LEDS | sell | $5.500 | long |
2018-01-11 09:58:38 | LEDS | sell | $5.550 | long |
2018-01-11 09:58:55 | LEDS | sell | $5.440 | long |
2018-01-11 09:59:17 | LEDS | sell | $5.250 | 0 |
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