I was looking for a continuation play after this broke it's triple tap the day before. Three mistakes to learn from this one:
1 - The ttap break is pretty extended, then I enter on a flag play. If I was taking r2g setups I could have done this as a r2g on the open but really could have just skipped it
2 - scaling out into the run would have saved this trade, I don't need to wait for 2R every time
3 - I sold poorly on the breakdown - really should have moved stop to the buy point after 3 green candles run
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-25 09:40:03 | QLYS | buy | $23.990 | long |
2013-11-25 10:23:53 | QLYS | sell | $23.880 | 0 |
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