ORB Break-down. Went in early in order to get a tight stop. Sold 1/2 @ 7.78, lowered stop to buy price. Was stopped out on last half. I sized my position wrongly. Risk-to-reward was bad. Got 0.32R on this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-20 09:40:14 | WLT | sell | $7.910 | short |
2014-03-20 09:40:14 | WLT | sell | $7.910 | short |
2014-03-20 09:42:54 | WLT | buy | $7.780 | short |
2014-03-20 09:56:44 | WLT | buy | $7.910 | short |
2014-03-20 09:56:44 | WLT | buy | $7.900 | 0 |
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Good attempt at the open. When it started putting in lower highs and lower lows, have to get back in.