The first buy in was not great at all but then it started to flag and coil up. The MA's were right below and I just knew that this would breakout and it did. I played it up until lunch time. After lunch I played to the short side.
Execution detail:
It really depends on how confident in the setup. I scaled out 25% each time and then left 25% for the end. Sometimes I'll scale out by selling 50% and then leave 50% for the lotto. Really just depends.
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Hi Christy, quick question for ya... When you scaled out from your $113.69 buy, what percentage of the shares did you leave for last sale (after the $125.32) i.e. what % did you leave as the cherries on top?