Total P/L +175
First play:
14.0 Breakout, make long entry at 13.5 for 700 shares. I see price hardly hit 13.99, so set to Sell at 13.95. and never get hit.
After 10 mins, time to let go but at the same time price make a big dip to 13-ish... oh well i am guessing (glad) this is a strong stock so i will need to work this out the long way, wait till price bounce premarket support 12.84.
Bounced and hanging at 13.0, just want to offset the loss, Sell at 13.5 bought-price.
P/L 0
Second play:
Look strong, re-entry at 13.5 for 700 shares.
Instead of breakout 14.0 price down again close to 13.0. Thinking price will never breakout 14.0, Sell at 13.75.
P/L +175
PS:
I totally forgot, pre-market low 12.84 is the play, very achieve-able entry point (LOD is 12.39) - sigh!
Both trade was too early entry!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-18 09:59:03 | ICLD | buy | $13.500 | long |
2013-11-18 10:22:14 | ICLD | sell | $13.500 | 0 |
2013-11-18 10:27:10 | ICLD | buy | $13.500 | long |
2013-11-18 10:36:54 | ICLD | sell | $13.750 | 0 |
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