I was anticipating an opening range breakout and the fear of missing out took over. I had a pretty awful entry at 80.05 when a candle later the stock pulled back to super support along the VWAP and 9 EMA. This should have been my entry spot. With the bad entry, I sold way to quickly because I was just glad the stock began going in my favour instead of breaking below support. I definitely should have re-entered as the stock had two nice flags before reaching its HOD at 84.70.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-12 09:35:27 | TRIP | buy | $80.050 | long |
2015-02-12 10:28:15 | TRIP | sell | $80.800 | long |
2015-02-12 11:02:33 | TRIP | sell | $81.650 | 0 |
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