MGP Ingredients, Inc.
Long
Updated

MGPI

Thin name.
Broke out and bought a very small position as im not getting good traction.
My slippage was terrible and it will probably be the same if I get stopped.
Avg Cost: 39@101.42
Stop: 95.40
Risk: 5.94%
Size: 4k .77% of portfolio.
Overall exposure: 31.9%
Note
Bought another lot of 4K on pull back to the pivot. AVG Cost: 80.26@100.03, same stop
Trade closed: stop reached
Exited before stop got fitted to avoid slippage. Filled @ 95.89 Terrible action. Im seeing a change of character on my time of setups so im selling many positions today to finance my risk and reduce max drawdown. If things get better I can buy again.

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