$-14.28 loss with $25 risk. I was trying to buy at support level, but then it broke down and I sold before it could hit my stop. The previous low today was at $3.53 and my stop was at $3.52. The stop would've been hit. If I had set the stop a cent lower and waited, I would've made a good profit up to RR 4:1. First RR 2:1 target was $3.73.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-06 11:00:00 | UWTI | buy | $3.590 | long |
2015-02-06 11:04:00 | UWTI | sell | $3.550 | 0 |
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