When this bounced off the bottom and was trying to go green I decided to have a go at a quick trade with the VWAP as a target. The idea ended up being valid, but the setup was not as the R/R was not sufficient given the room the stock needed to move. I went in with the size I needed to make it profitable, with a stop that was too tight. Bad trade. Missed the earlier short move and I think wanted revenge for the morning miss I had on it long.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-19 14:01:20 | FEYE | buy | $33.720 | long |
2014-09-19 14:01:20 | FEYE | buy | $33.720 | long |
2014-09-19 14:02:37 | FEYE | buy | $33.720 | long |
2014-09-19 14:02:37 | FEYE | buy | $33.720 | long |
2014-09-19 14:03:25 | FEYE | sell | $33.600 | 0 |
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