Play: ORB
Overextended on the daily, showed weakness right away, waited for a pullback. Got in but then butchered the trade. Set my target and I set it wrong which made it sell right away. Sold my last half out of frustration. Would have gotten stopped out anyways.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-15 09:36:36 | GLUU | sell | $6.500 | short |
2014-07-15 09:37:02 | GLUU | buy | $6.490 | short |
2014-07-15 09:37:49 | GLUU | buy | $6.540 | 0 |
True and in this case, it ripped to HOD and couldn't break above it which is where I entered but didn't have the discipline to take it.
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right idea, just didn't work the first time. Gotta keep an eye on those as they often times will spike to rip the stops and then fade.