My 2nd trade of the day this looked like a better spot to enter as it was just a couple cents under the VWAP and again I was trading skittish wanting to stay green for the day to build my momentum. I was up $10 at one point and didn't lock in gains as level 2 was showing more buyers coming in. One big seller took that out and then support was at $12.50. I tried to limit out at the ask $12.62 but my bid sat there for what seemed like eons and I finally just hit the bid to get out. Watched from the sidelines the rest of the afternoon.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-10 12:51:03 | CNAT | buy | $12.560 | long |
2014-03-10 12:51:10 | CNAT | buy | $12.545 | long |
2014-03-10 13:17:12 | CNAT | sell | $12.500 | 0 |
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no set-up, anticipatory trade (i do these as well). best to wait for confirmation.