I was just sloppy in BOXL. It's a very low float so big range. Early in the day it popped and then flagged in an ORB. I must have got stopped out nearly 5 times. It was pretty nasty and I'm not too proud sharing it. I should have gone in with a smaller position size so I could have had a looser stop.
That being said, this was for sure my biggest winner of the day. Unfortunately after the extended opening range (and the 5 stop outs) I felt I was just done with this and forgot about it. I happened to remember and check back on it once it popped. Again one could look at my entry at the break out and feel I went in too high (as in chasing) but I had watched this one earlier a good bit (as is obvious from my entries and stop outs) and knew with the volume I say that this would do a legit run. It came down immediately after my original buy in and retested the new support so I just added more and off it went.
I sold immediately as it started to flag, but then the real messiness began and I got in and out in an apparently haphazard way, giving some of my earnings back. This is a great example of what not to do!
However, after that nastiness, I did my absolute best trade of the day as I say it flag, and then as it broke the top trend line of the flag I got in and noticed the range start to stay above the 9 EMA, added more in, and then once it broke range added more. Exited before the resistance. When it broke resistance I got in again for a quick scalp with stop right at resistance. Got in for a smaller amount as it held resistance but then it stopped me out. Left this alone after that. Enough dagger juggling for one day!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-05-14 10:13:00 | BOXL | buy | $8.550 | long |
2018-05-14 10:14:00 | BOXL | sell | $8.550 | long |
2018-05-14 10:21:00 | BOXL | buy | $8.340 | long |
2018-05-14 10:23:00 | BOXL | sell | $7.950 | 0 |
2018-05-14 10:24:00 | BOXL | buy | $8.190 | long |
2018-05-14 10:31:00 | BOXL | buy | $8.270 | long |
2018-05-14 10:31:00 | BOXL | sell | $7.830 | 0 |
2018-05-14 10:39:00 | BOXL | buy | $8.270 | long |
2018-05-14 10:46:00 | BOXL | buy | $8.260 | long |
2018-05-14 10:48:00 | BOXL | buy | $8.350 | long |
2018-05-14 10:49:00 | BOXL | sell | $8.020 | 0 |
2018-05-14 10:50:00 | BOXL | buy | $8.240 | long |
2018-05-14 12:22:00 | BOXL | buy | $8.200 | long |
2018-05-14 12:36:00 | BOXL | sell | $8.020 | 0 |
2018-05-14 13:04:00 | BOXL | buy | $9.300 | long |
2018-05-14 13:04:00 | BOXL | buy | $8.720 | long |
2018-05-14 13:24:00 | BOXL | sell | $9.880 | 0 |
2018-05-14 13:24:00 | BOXL | buy | $10.100 | long |
2018-05-14 13:30:00 | BOXL | buy | $9.830 | long |
2018-05-14 13:41:00 | BOXL | sell | $9.850 | 0 |
2018-05-14 13:42:00 | BOXL | buy | $9.940 | long |
2018-05-14 13:55:00 | BOXL | buy | $10.150 | long |
2018-05-14 13:55:00 | BOXL | buy | $10.170 | long |
2018-05-14 13:58:00 | BOXL | sell | $9.810 | 0 |
2018-05-14 13:58:00 | BOXL | buy | $10.050 | long |
2018-05-14 14:05:00 | BOXL | sell | $9.710 | 0 |
2018-05-14 14:06:00 | BOXL | buy | $9.700 | long |
2018-05-14 14:06:00 | BOXL | buy | $9.790 | long |
2018-05-14 14:09:00 | BOXL | buy | $9.870 | long |
2018-05-14 14:19:00 | BOXL | buy | $10.100 | long |
2018-05-14 14:41:00 | BOXL | buy | $10.450 | long |
2018-05-14 14:51:00 | BOXL | sell | $11.170 | long |
2018-05-14 14:55:00 | BOXL | sell | $10.970 | 0 |
2018-05-14 14:57:00 | BOXL | buy | $11.300 | long |
2018-05-14 15:00:00 | BOXL | buy | $11.720 | long |
2018-05-14 15:07:00 | BOXL | sell | $12.220 | long |
2018-05-14 15:07:00 | BOXL | sell | $12.160 | 0 |
2018-05-14 15:09:00 | BOXL | buy | $12.340 | long |
2018-05-14 15:10:00 | BOXL | sell | $12.300 | 0 |
2018-05-14 15:24:00 | BOXL | buy | $11.690 | long |
2018-05-14 15:27:00 | BOXL | sell | $11.310 | 0 |
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