I followed Kunal on this one, without doing my own proper analysis.
I should have set my stop tighter, and gotten out sooner.
$50 max loss would have been correct for this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-25 13:44:22 | POWR | buy | $9.840 | long |
2014-06-25 13:51:10 | POWR | sell | $9.646 | 0 |
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I followed Kunal on this one, without doing my own proper analysis.
I should have set my stop tighter, and gotten out sooner.
$50 max loss would have been correct for this trade.