This trade was born of the strategy I originally set out with earlier this year. Which was to take larger position day trades or one day swings in stable, high priced stocks and shoot for a simple 0.6% or so gain each day while constantly re-investing profits. It sure looked good in excel! I am pretty sure I only held overnight because I had to (PDT), and then was quite bitter about my decision to let broker issues dictate my trade decisions, such a needless surrender of control.
Execution detail:
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