Bad trade. This was a red to green, which is not one of the setups I'm focusing on, I point blank shouldn't have been in this trade, and it failed anyway.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-15 11:15:21 | JAKK | buy | $6.730 | long |
2013-11-15 11:39:45 | JAKK | sell | $6.630 | long |
2013-11-15 11:39:46 | JAKK | sell | $6.620 | 0 |
this is a very low float if I recall.. meaning it can spike like a rocket w./out warning.. u can take a smaller size w/ wider stop so u have more chance/time to catch any spikes.
This was one messy intraday chart. Looking at the daily this stock trades in narrow range most of the time.
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Bit extended on entry.