Bought on low volume pullback with MAs riding underneath. Low risk. Added to position as it rose toward flag break on large volume. Never hit target. Sold as it flushed down through MA and price support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-10 09:49:15 | YRCW | buy | $21.290 | long |
2014-02-10 09:58:48 | YRCW | buy | $21.360 | long |
2014-02-10 10:47:54 | YRCW | sell | $21.410 | 0 |
Hey J -- no, I'm just experimenting with scaling in a bit. When the setup looks as though it may develop and I want to get a better price I'll take a piece, and then again I'll take more on confirmation. That way, if the trade doesn't develop as expected, not much lost.
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Are you scaling in in every position?