Gapper, I bought what I thought was a pullback to the moving averages with a stop at 9.22. I totaly missed the fact that it pulled back at 9.75 where it pulled back at the end of the day yesterday. I wasn't in it long, with the volitility lately I have been trying to keep my stopes tigher just in case I bought wrong like on this one.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-27 09:54:53 | ARIA | buy | $9.280 | long |
2014-01-27 10:04:49 | ARIA | sell | $9.170 | 0 |
I am extra careful with gappers if they start inside the price action of the previous few days. Really I prefer them to gap out into areas that haven't seen price action in weeks.
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