SIM DAY #8
Shares traded: 2000 <--- (NFLX long only)
Closed P&L: $821.00 <--- (NFLX long only)
P&L/DAY: $1,737.50 <--- (NFLX short AND long plays)
After shorting $NFLX as an opening play and riding it down, taking profits, I noticed a trend reversal and had to play the stock back up to highs. Had a solid entry point as I noticed the price breaking over the EMA's, and then took profits, scaling out to the high of day. I feel as though this was a perfectly timed trade. As stated in my previous posting on my $NFLX short play, I need to keep more shares for bigger profits. But all in all, a great day.
Execution detail:
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