Notes :
Didn't work
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-04 10:29:00 | SWN | buy | $42.500 | long |
2014-02-04 10:41:00 | SWN | sell | $42.301 | 0 |
Specially with oil stock.
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It was up 10 candles in a row on 5min chart with no orderly pullback. Buying the next green candles after one red candles pullback will likely fail every time.