Shared by
oly_BOWS
I was watching for a snapback move. I took this as a r2g on the open and it reversed through the morning high. Then I tried again when it hit r2g a 2nd time. After it mini flagged it reversed and took me out again. 2nd time I had moved the stop from 21.8 down to 21.73 because I thought the mini flag should hold.
I am not supposed to be taking these, I need to focus on ma pullbacks
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-17 09:35:09 | MGM | sell | $21.690 | short |
| 2013-12-17 09:44:46 | MGM | buy | $21.850 | 0 |
| 2013-12-17 10:49:29 | MGM | sell | $21.700 | short |
| 2013-12-17 11:04:36 | MGM | buy | $21.730 | 0 |
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