Not a clean daily. It gapped up on earnings but was running into several levels of resistance. I chased my first entry, buying directly on resistance after it flagged at the open. I entered 200 shares at 27.42 but was quickly stopped out at 27.06. I mentioned in my plan that my first target would be at 27.43 which is right where I bought in. Not re-reading my plan this morning or just not paying attention to it resulted in a significant loss that could have been easily avoided. I stupidly re-entered 200 shares again at 27.30 as it had a small bounce but was stopped out at 26.95. Made some very silly mistakes here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-13 10:05:29 | LOCO | buy | $27.420 | long |
2015-03-13 10:11:00 | LOCO | sell | $27.060 | 0 |
2015-03-13 10:18:09 | LOCO | buy | $27.300 | long |
2015-03-13 10:20:49 | LOCO | sell | $26.950 | 0 |
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