Shared by
Adam_BOWS
Bought this squeeze play. I put a 1.00 trailing stop on it, but that was not enough. I got a terrible execution for a play that worked out. On the bright side, I learned that I won't put trailing stops on stocks that bounce around. Trailing stops are my friend because I have to leave for the day, but I will no longer use it in this case.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-11-10 10:47:00 | CBPO | buy | $64.450 | long |
| 2014-11-10 11:32:00 | CBPO | sell | $64.170 | 0 |
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