Flag, consolidation break sold a little into the move and glad I did because it pulled back and I would have been stopped out.
Re-entered after pullback and rode it almost to the top.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 10:59:03 | SKX | buy | $34.700 | long |
2014-02-13 11:05:02 | SKX | sell | $34.890 | long |
2014-02-13 11:16:44 | SKX | sell | $34.670 | 0 |
2014-02-13 11:29:51 | SKX | buy | $35.150 | long |
2014-02-13 11:39:34 | SKX | sell | $35.450 | long |
2014-02-13 11:58:43 | SKX | sell | $36.000 | 0 |
Yea, the first trade was doomed to fail because I sold 1/2 to quickly and then moved my stop to my buy and that didn't leave any rom for retesting.
Agree with Mirko. I have been having the same issue so I try to keep my original stop to see if the pullback will get bought and ride it up.
Hadn't thought about not moving my stop up after an partial sell. Hmm... I'll have to keep that in mind tomorrow. Thanks
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The first trade was good but the second entry was chasing. Too bad you did not have a bit more patience with your first stop loss but it turned out great in the end!