Second attempt at trying for a break of the early range. Entered even higher than the first attempt. Following Kunal hoping to catch it this time. Looking at it now I should have waited for confirmation of a break of the $12 to $12.25 area before entering. That was the true early range and would have saved me because it never happened. Following Kunal into the trade hoping for a revenge trade against the earlier miss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-13 10:08:03 | ICLD | buy | $11.900 | long |
2013-12-13 10:11:15 | ICLD | sell | $11.400 | 0 |
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