CATB Trade on Sep 29, 2016 13:14 from Qbert476: Tradervue User Stock Trades.

On this one i was going for the same 50ema 5 min bounce that i have been before. Didn't work out so well obviously. I entered on at the reclaim of $7 at 1:15 and the higher low. Was doing okay until it tanked too fast for me to react, i didn't have a hard stop either. Reason being is because i didn't want it to just tick it and resume its uptrend if it did. 200 shares ended up down $84 bucks on this. After which, i looked around other top gainers and noticed much of the same action, the SPY was tanking too so the market wasnt supporting it. Either i should leave these 50ema bounces alone or only trade them when the market is up.