I had a pretty awful entry on this trade getting filled at 67.37. I should have been looking to exit as soon as the stock was rolling over because of my poor entry. I moved my stop from 67.12 to 67.24 and was stopped out as the stock dipped below the 9 EMA. You chase, you die. Wise words of Kunal Desai.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-25 14:09:50 | SPLK | buy | $67.370 | long |
2015-02-25 14:30:01 | SPLK | sell | $67.240 | 0 |
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Well done for moving your stop up like that.