LOCO Trade on Mar 13, 2015 10:05 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

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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