When this didn't hold long, I flipped it to short looking for a quick scalp on a pull back to MA. I set my stop at the top of the candle I shorted. This needed a little more time to settle down before it pulled back, and I stopped out on a spike. Worth noting perhaps that if I had applied max permissible loss for my stop I would have stayed in and made probably .20 on this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-25 09:36:18 | DARA | sell | $3.420 | short |
2014-02-25 09:42:59 | DARA | buy | $3.450 | 0 |
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