Shared by
Jerry_C_BOWS
I completely misplayed this stock to day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-06-19 09:38:08 | INSM | buy | $17.790 | long |
| 2014-06-19 09:47:14 | INSM | sell | $17.470 | 0 |
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Remember stocks that have a great day the day prior sometimes may have a pullback early on bc some people holding it want to take profits. Think of it in terms of how you would act. You are in a great moving stock the day before, you come home and see a nice move , you say to yourself. "Self, tomorrow morning I'm gonna take profits because I made a killing here" Next morning comes you sell at the open along with others and the new buyers come in who say " damn I missed out yesterday, but I'm sure its gonna go up more" Its all about imagining scenarios