Shares traded: 2000
Closed P&L: +$155.00
Setup: Flag Breakdown
Shares
In at 6.50
Target: 6.40
Stop: 6.55 (Open Price)
~2:1
Sold 1/2 at 6.40
Moved Stop up to 6.50
Sold rest at 6.29
Thoughts I think I did pretty good on this one.
I wanted to go in again but I'm glad I didn't as the tide turned adversely later in the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-22 09:39:00 | PRKR | sell | $6.500 | short |
2013-10-22 09:43:00 | PRKR | buy | $6.400 | short |
2013-10-22 10:03:00 | PRKR | buy | $6.290 | 0 |
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even though it hit your stop of 6.50 you didn't close out. I've been trying to do this too as many times if you just hold on a bit longer it will reverse for you.. other times you get burned... nice job on this one.