stock breaking out on daily. stock flagging intraday. did not wait for confirmation of the flag break and paid the price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-12 12:24:00 | EJ | buy | $14.000 | long |
2013-12-12 12:24:00 | EJ | buy | $13.998 | long |
2013-12-12 12:24:00 | EJ | buy | $14.000 | long |
2013-12-12 12:44:00 | EJ | sell | $13.883 | 0 |
quick question for you. What is considered lunch time in the US? the reason is ask is that I live in Ireland.
good question 11:30-1pm EST. I personally think 12:30 is the worst. I sometimes enter short position on weak setups and nail them more times than not.
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Stock ran from 12.88 to 14.19 at the open. Have to ask yourself, Self how much more juice does this stock have left in it; is it worth my time and money.