FB Trade on Apr 4, 2019 12:28 from Cklamb: Tradervue User Stock Trades.

I thought FB would be a buy at 117. I wanted to go for it earlier in the day. However, I was wrapped up with DIS. I did see it come back to this level later in the day. I decided that I should go for the long the that I had bias towards this morning.
I let it set up for a weak intraday consolidation setup and waiting for it to crest the MA and move above 117. I triggered in at 117 like planned and set a stop below .65. The tape changed quickly. I went to exit the trade at .75 as I felt the stop was getting hit for sure. I went to get flat. I bought 200 more and had to adjust. This SNAFU cost me about 23 dollars 4cents of 400 shares and a commission. The point I am making here is that I made should have reduced my losses here and should look to the fact that I responded quickly when the move started against me.
Looking back, the consolidation entry rules were not met, I should have never take the long I needed the start of one more candle to confirm some momentum over the moving average. The trade was still planned around a morning plan of getting long at 177.00. So, I was just wrong on that bias. But, the trade was design to limit the risk which it almost did without my SNAFU.