Daily P/B to 50MA and was extended. Reversion bounce play. Target was +3 but as bounced seemed weak so raised stop. Hit just under +3 to test falling 9EMA and that was the proper exit. Micromanaged by moving stop too quick.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-21 10:47:15 | NFLX | buy | $411.800 | long |
2014-03-21 10:56:54 | NFLX | sell | $412.120 | 0 |
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Nice entry! Follow your rules especially when you are right most of the time. You are really liking that reversion play.