I think the overall idea of this trade was ok, but my stop was probably a little too tight and I got taken out of the trade before it had a chance to run. Usually I would risk more but I think since I had lost on my last couple of trades I kept it tight as I didn't want to hit my daily max stop limit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-04 10:17:02 | OREX | buy | $8.450 | long |
2015-03-04 10:23:08 | OREX | sell | $8.380 | 0 |
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