Play: Day long consolidation
Huge morning, was expecting it to break down. I was looking at it to break down the VWAP but it just wouldn't. Once it broke the trend line and volume came in, I took the trade. Once again sold too fast on first target. Should have waited for HOD but with the market being funky, I rather take the profits and it was really extended on the daily. I will need to re-visit how the market is acting mid-week as a few stocks have been running today/
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-31 13:45:26 | BIOF | buy | $6.010 | long |
2014-03-31 13:53:35 | BIOF | sell | $6.230 | long |
2014-03-31 13:53:36 | BIOF | sell | $6.230 | long |
2014-03-31 13:53:36 | BIOF | sell | $6.230 | long |
2014-03-31 13:53:37 | BIOF | sell | $6.230 | long |
2014-03-31 13:56:19 | BIOF | sell | $6.510 | 0 |
remember what maes a hot trade
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om man u sold at hods thats the breakout spot.. u need to be addng there not selling htere!
i did same thing i sold mid 6.6s some and it was like oh crap the hod was 6.5 this thing is gonna runnnn