Trying to break out on the daily over 56. I entered a little late, or a little early, depending on how you look at it. I was anticipating a break of 56 and doubled my position when it seemed to set a base and the risk was right for me. 'Quick' was the name of the game today, hot diggity, only got one chance to get out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-18 09:40:18 | YY | buy | $55.800 | long |
2013-11-18 09:40:18 | YY | buy | $55.800 | long |
2013-11-18 09:47:46 | YY | buy | $55.760 | long |
2013-11-18 09:47:46 | YY | buy | $55.720 | long |
2013-11-18 09:55:20 | YY | sell | $56.480 | long |
2013-11-18 09:55:20 | YY | sell | $56.480 | long |
2013-11-18 09:56:09 | YY | sell | $56.749 | long |
2013-11-18 09:59:43 | YY | sell | $55.800 | 0 |
Original was 55.20, under that first pullback for 200 shares, $120. I moved it up to 55.48 after the add since the .60 level seemed to be holding on the down ticks, still $120.
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What was your stop loss?