Another one where I made just a little profit but could have made much more if I hadn't scaled out so early. As with all my trades today, I took some profit and sold into the very first mini spike, and then set my stop at buy price so I could then ride it out. I got stopped out. As I get more comfortable trading with real money, I'm hoping I can wait longer before my first scale out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-22 11:41:54 | FRX | buy | $45.890 | long |
2013-10-22 11:58:38 | FRX | sell | $45.990 | long |
2013-10-22 12:06:00 | FRX | sell | $45.880 | 0 |
Nice entry. I would have aimed for the high-of day ($46.10) for scaling out.
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Nice entry, just gotta work on the exits. You're doing awesome.