Chased this really high and turned a winning trade into a losing one by re-adding 200 shares back on what I thought was a dip. It turned out to be a bit of a reversal and I stopped out of all my shares.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-22 09:51:05 | ACHN | buy | $16.290 | long |
2014-12-22 09:59:51 | ACHN | sell | $16.610 | long |
2014-12-22 10:05:10 | ACHN | buy | $16.460 | long |
2014-12-22 10:10:07 | ACHN | sell | $16.082 | 0 |
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Is that too much of a chase ?