10' 123, triggered then immediately retraced to exact stop location 2 ticks below candle. Tested breakout point again before dropping back below original stopout point.
Lesson, perhaps: don't buy breakouts intraday in range bound stocks.
Perhaps only take patterns on 15' and above in the afternoon?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-03-06 15:01:07 | GILD | buy | $79.180 | long |
2018-03-06 15:03:53 | GILD | sell | $79.060 | 0 |
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