Earnings
-Bullish setup on 5 min
-Long 44 when it was holding the bid + area.
- Risk was 6/7 cents. Reward came out to be 50 cents. so almost meets my 1:5 r/r.
Should have had definitely more size. That way I wouldve been able to cover my risk + take some profits but still have some for a possible move up to 45 (which would've ultimately failed, but thats not the point here-point here is to make a good trade).
Would have actually kept position, but had to leave desk, so took scalp.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-11-08 10:20:48 | RAX | buy | $44.010 | long |
2011-11-08 10:33:14 | RAX | sell | $44.500 | 0 |
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crushed it, nice