Shared by
oly_BOWS
ToS blew through my stop limit entry on this one (see comments on my earlier trade) and I had to chase it a bit. I stuck with it for a while but it wasn't moving so I scaled out half and then all when it folded over.
It is folding into a 20ema bounce. I've been considering how to handle those and I have decided for now I just exit and, if I want, I reenter the candle or two later on the bounce. In this case given how it was moving I decided to sit out the bounce.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-11-26 11:49:04 | TIF | buy | $87.740 | long |
| 2013-11-26 13:11:46 | TIF | sell | $88.250 | long |
| 2013-11-26 13:32:00 | TIF | sell | $87.890 | 0 |
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