EYES Trade on Feb 24, 2015 09:40 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

What a bad play. Chased it again on the 1mn chart as it had 3 green candles in a row, should have waited for the third tap which would have never came and hence, stayed away from this loss. The spread was real tight then got crazy which forced me to take a bigger loss than I wanted. I also play ORB's for the quick play so if it doesn't work and is hosing signs of weakness, I like to get out for small loss and get back in if I stopped out at the wrong place. This is the exact reason why I trade the ORB's like that as you never know when something can act crazy as this did by dropping $1 out of nowhere and spread being crazy out of nowhere. It hurts but lesson learned and just reinforces my process helps me manage risk first.

Reasons to sell: stopped out