FLML Trade on Aug 21, 2014 12:08 from ckz8780: Tradervue User Stock Trades.

Pretty pissed at myself about this one. Beautiful breakout pattern on the daily, old alert triggered at $15.25. I did hesitate for a couple seconds cause I knew it was a chase but decided it was worth the risk given the daily pattern. After it started to thin out I got out flat. Then in true day trader fashion I bought it back higher and then got out flat again based on level 2. Over-analyzed the trade and missed out on a nice move. The idea was good but management was poor. This is nice to see though because it stresses the importance of getting a good entry. If I had a $15.15 entry I never would have even considered getting out when the bids at $15.25 thinned out since I'd have already been in profit. I only took it off because I didn't want it to turn into a loss. Unfortunately on thin stocks sometimes alerts are just set too high and they never come back to give you an ideal price. This isn't really an excuse to chase though cause ultimately you know you are just not going to manage the trade properly since you have a shitty entry! You'll end up selling it flat and then buying it back even higher then either selling it flat or for a loss...ultimately just costing yourself money either in losses or in commission. That's exactly what happened here. Blew 20 bucks in commission for nothing really.

Flat trade