I got suckered into this rally the day I bought. My entry was very impulsive and not a great swing type of entry.
I didnt have a solid plan going in and ended up buying into the frenzy, resulting in a poor R;R setup according to the stop I wanted to use.
A bad entry and refusing to use a tighter stop. Very poor trade. I should have lost less here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-22 13:05:00 | UNXL | buy | $8.310 | long |
2014-07-29 11:35:00 | UNXL | sell | $7.600 | 0 |
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