DGLY Trade on Feb 23, 2015 09:37 from EliBrown: Tradervue User Stock Trades.

I entered a 500 share position at 13.76 with a stop at 13.46. There was no real set-up here. I was an anticipating the stock to breakout above 13.80 and go on a run and that was my mistake. I scaled out 100 shares into the first spike and reloaded another 200 shares at 13.73 as the stock pulled back to the VWAP & 9 EMA. As soon as the breakout failed and weakness was emerging I should have been looking to get out. I allowed my stop-loss to trigger as it broke below the VWAP and ended up taking a substantial loss. I need to completely wipe the ORB - although this technically wasn't one - from my go-to setups and not take any trades within the first 30 minutes.