It was intended to be a quick scalp; I had a clear R:R established so I wasn't concerned about the fact that it had a huge run up in the morning. Plus, $2 in a $70 stock really isn't a whole lot.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 09:59:13 | FEYE | buy | $70.780 | long |
2014-01-28 09:59:13 | FEYE | buy | $70.780 | long |
2014-01-28 09:59:13 | FEYE | buy | $70.790 | long |
2014-01-28 09:59:43 | FEYE | buy | $70.700 | long |
2014-01-28 11:44:18 | FEYE | sell | $70.780 | long |
2014-01-28 11:44:18 | FEYE | sell | $70.800 | long |
2014-01-28 11:44:18 | FEYE | sell | $70.800 | long |
2014-01-28 11:44:18 | FEYE | sell | $70.790 | 0 |
agree. one of the things that happens when market gets choppy is those quick spikes gets faded so its better to get them a bit low ...in a huge momo market u can chase up stocks a bit
i was victim of this too today sigh:(
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U needed to take the profit specially we had f gap up day and u bought it on a high flag .