Bad trade - this stock was moving in price quickly and so I ended up buying to high.
I sold because it was being very unpredictable.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-11 11:43:36 | GALT | buy | $10.370 | long |
2013-09-11 13:34:52 | GALT | sell | $10.430 | 0 |
The more times it taps the same level the more explosive the breakout can be when it does break over that key level.
Thanks for your help - I am just getting use to looking for trades on an intraday basis. It is much faster moving and much more fun!
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wasnt quite ready yet when you entered.. you see how it kept tapping that $10.50 area.. when it broke $10.50 on that 3rd tap, that should have been your entry as it run up to $11.25