Shared by
tomr_BOWS
Gapper play on daily chart. Took short position on intraday base breakout. Didn't realize that stock was already very extended on daily chart. Took first opportunity to take profit and make it a winning trade. Should not have taken this trade and got lucky to take small profit.
Gain: +$62 (+0.9%)
Shares: 300
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-17 13:00:49 | FPRX | buy | $22.140 | long |
| 2014-03-17 13:33:10 | FPRX | sell | $22.350 | long |
| 2014-03-17 13:52:45 | FPRX | sell | $22.550 | long |
| 2014-03-17 14:17:15 | FPRX | sell | $22.140 | 0 |
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