Inexperience at its best, I just mistook normal consolidation for the beginning of a huge drop that I feared might fill the gap from that morning. I think I should have been looking to enter at a more logical place in the flag range and just sell at the intraday breakout point of 52 or so.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-05-20 10:58:00 | SCTY | buy | $51.000 | long |
2013-05-20 11:10:00 | SCTY | sell | $50.400 | 0 |
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