Shared by
Spartan_Trader
2 trades in this stock today, first was ORB to the downside, and second was this bear flag. Profit on both. I got a very good entry on the second trade, .86 while Kunal who was also eyeballing it entered at .84
My mistake was selling my last 1/3 to soon. At one point it seemed that it was rounding up, and I bailed to realize the profits I had, only to see it continue to slowly fade more into the close. fear of seeing the remaining position turn flat was the factor I believe that caused me to sell instead of allowing it to play out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-20 10:22:57 | WLT | sell | $7.870 | short |
| 2014-03-20 10:22:58 | WLT | sell | $7.860 | short |
| 2014-03-20 11:26:34 | WLT | buy | $7.650 | short |
| 2014-03-20 12:38:57 | WLT | buy | $7.510 | short |
| 2014-03-20 12:38:58 | WLT | buy | $7.510 | short |
| 2014-03-20 14:13:17 | WLT | buy | $7.610 | 0 |
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