I had a decent entry on this but would have liked to get it closer to the MAs. I should have been scaling out throughout the breakout like I normally do. I hate to admit it, but greed got in the way. I was expecting a stronger gap fill as the stock gapped down 50%. I doubled up on the flag but it did not hold, triggering my stop just below the MAs at 7.51. This resulted in a flat trade for what should have been a gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-13 09:51:31 | MX | buy | $7.140 | long |
2015-02-13 11:09:14 | MX | buy | $7.880 | long |
2015-02-13 11:38:23 | MX | sell | $7.510 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!