Next and last trade was a scalp trade on TEUM. You chased the entry a bit here as it was breaking out. You had to stop out for 3 cents per share for a $25.09 loss.
Today was a very choppy market, SPY dropped sharply at exactly 8:30 AM EST on algo-selling from CPI news that came out pre-market but is now testing moving averages on the daily chart for a full bullish retracement.
It is hard to say what the market will be like tomorrow. Hopefully, the SPY will open gapped up above the previous day's close, but resistances could put selling pressure on small-caps. The strategy is to continue taking scalps, grind it out until momentum really comes back to the markets again.
I closed the day with $52.19 in net realized gains.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-02-14 09:51:44 | TEUM | buy | $2.040 | long |
2018-02-14 09:52:40 | TEUM | sell | $2.010 | 0 |
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