got in when it broke above the trend line running from HOD down along the tops of the pops. Unfortunately, it broke the other way.
I think this is the 3rd or 4th time i have played this type of trend break, and never seems to work for me. Might have to put this on my NO GO list.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-21 12:04:51 | ACTG | buy | $15.850 | long |
2014-04-21 13:16:16 | ACTG | sell | $15.680 | 0 |
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This can be a good setup - and as an encouragement, it's not that you can't do it... only that you're unpracticed.... and I feel the same way about opening range breakouts...Kunal can nail those, I'm very unpracticed at those so paper trade those ORB's until I improve