Beautiful ERBO set up.Held $8 with the 9ema right under when it pulled back. Good entry. Small position because the R/R wasn't that great unless it broke the HOD. Sold half at first resistance spot to cover costs and hold the rest for big move it it happens. It did spike up to the HOD which would have been the spot to sell the rest but I put stop at buy and got stopped out as it faded all day. Left 12 cents of so on the table. My rule is to not do multiple sells on 100 shares of less but since I'm paper trading while the fund is down I thought it would be good practice.
.38R
2.2%
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-04 09:42:15 | OXBT | buy | $8.060 | long |
2014-03-04 09:49:45 | OXBT | sell | $8.240 | long |
2014-03-04 09:51:53 | OXBT | sell | $8.060 | 0 |
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