Shared by
BScripter_BOWS
This was a messy one. The first candle took out the flag from the end of the previous day (which is where I was aiming for) but by the time I got my order in I chased it. Then it hit my target but I thought my target was higher because I thought I bought it higher...no good. Never broke support though so consolidated and popped so I sold some off and held some for the bigger run. When the trading went flat I moved my stop within 3 cents of the flattened MA's (which was around 10.05) but when it dumped my stop was ignored so I ended up taking a little loss on those shares.
Target: 10.20
Stop 9.80 (meant to buy it at 9.90)
Reward to Risk: 1:1; would've been 2x1 had I not chased it
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-19 09:33:13 | DEPO | buy | $10.000 | long |
| 2013-12-19 10:43:29 | DEPO | sell | $10.130 | long |
| 2013-12-19 13:20:34 | DEPO | sell | $9.960 | 0 |
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