This was a disaster sim-trade from the first click of the mouse. I am so accustomed to the high-volume stocks and ETF's that when I pulled up a chart of PCLN, it never occured to me to check the spread... bad idea. This trade was down 28 cents immediately upon hitting buy. Then, it moved away from me... I just couldn't read it on a candle by candle basis. Stepping back and looking at it from a longer trend perspective, it made sense: trend, reversal, consolidation, etc. But it sure was a squirrely thing on a tighter timeframe.
This was not a clean trade and the chart and price action indicated that this was not coming back to my entry, so I did take an additional trade to average my price down on the overall position. The price came back and I scaled out one of the trades with a gain and held the other in case the trend continued. This was near EOD and it appeared that price would not go substantially higher, so I closed the remaining portion, also for a gain. Chart lines indicate average of the two entries and the two exits.
