Shared by
charlesk_BOWS
stop 24.88
target 25.50
good entry on the triple tap and flag with the MAs coming up.
My first scale wasn't quite at my target, but it looked like it was going to have trouble getting to the full .5 so I scaled some out and move the stop to my buy.
the stop out was my fault. Had I moved it to my entry and left it, I would have never been stopped out and would have been able to run the whole way.
but because I micro-managed, and kept moving the stop up, I was stopped out and had to re-enter.
I'm waffling on which one I like better... had this not reversed I would have been happy I oved it up and preserved some gains. the stop and re-entry cost me commission and .10c, but may have been better piece of mind knowing I had locked in the initial profit.
I was then trying to decide if I wanted to hold.. in the end, I was happy with my profits and wanted to go ahead and cut the cord.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-07 13:08:00 | GOGO | buy | $24.979 | long |
| 2014-01-07 13:33:00 | GOGO | sell | $25.380 | long |
| 2014-01-07 14:28:00 | GOGO | sell | $25.250 | 0 |
| 2014-01-07 14:43:00 | GOGO | buy | $25.486 | long |
| 2014-01-07 15:36:00 | GOGO | sell | $26.048 | 0 |
Comments
kunal00
damn tarts lot of shares. are u always trading this much size?
for a trader that is not profitable at least 4 out of 5 days a week that is too much size.
100-200 shares max till u learn to win.
good trade though i must say
elnozdy
Nice entry sunny delight! :O
Sayed
Makes me feel good when i see entries like this!
charlesk_BOWS
I'm papertrading this week after my dismal December performance.
so I was calculating .10c risk $100 max loss
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Good play!