First buy was way too extended. Bought on break of flag, then it came back on a nice easy pullback so no reason to sell. Sold a piece into spike.
Added to position when it was flagging (no confirmation of break). Broke... down (too extended, but it's so hard to believe that as it's happening).
Experimenting with different kinds of buy/sell orders, so the rest isn't what intended to happen. Glad that this was basically flat as that's representative (approximately) of what I was trying to do.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-27 14:13:29 | SCTY | buy | $70.670 | long |
2014-01-27 14:39:03 | SCTY | sell | $70.920 | long |
2014-01-27 14:51:07 | SCTY | buy | $70.920 | long |
2014-01-27 15:30:07 | SCTY | buy | $70.310 | long |
2014-01-27 15:39:49 | SCTY | sell | $70.510 | 0 |
alredy bounced 3 bucks! the moving average bounce play is over at this point
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I agree, had a big run up from that low and that late in the day might not be a great idea to take a position in choppy markets like today.