HOD break. I wanted to trade this at $4.10 when it alerted me (actually at $4.05) but for some reason could not muster the cajones as I normally suck at buying morning dips, so I decided to wait for the consolidation under highs. I hit it perfectly right when the volume came in with a 25c stop (only $125 risk) and milked it 100 shares at a time scaling out on the way up. Really nice trade overall, and eventually will work this up to 5-10k shares!
500 shares
+$296.56 (21.78% max (sales at 5.33%, 10.89%, 16.67% 21.78% and 11.11%))
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-07 10:26:11 | VRS | buy | $4.500 | long |
2014-01-07 10:36:26 | VRS | sell | $4.740 | long |
2014-01-07 10:44:43 | VRS | sell | $4.990 | long |
2014-01-07 10:56:31 | VRS | sell | $5.250 | long |
2014-01-07 11:00:47 | VRS | sell | $5.480 | long |
2014-01-07 11:28:40 | VRS | sell | $5.000 | long |
2014-01-07 11:28:40 | VRS | sell | $5.010 | 0 |
Good job chris!
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This was fucking perfect. Way to let it go before the burn off.