QIHU Trade on Oct 17, 2014 14:09 from youngcb1_BOWS: Tradervue User Stock Trades.

Thinking that this stock was going to continue to break down I entered for a short. But prior to entering this trade I didn't do much of my homework on what took place during the previous days. Had I done my homework I would've notice that $63.50 area was support which was created by the prior days previous resistance going into the close. So afer my entry the stock went against me, I had no mental stop as I thinking this stock was going to reverse and eventually come back down. I allowed the stock to move up too much which hurt my position. I exited as the stock started to consolidate and was showing no signs of coming down.