BDE Trade on Mar 19, 2015 10:22 from EliBrown: Tradervue User Stock Trades.

My impulsive trade for today. Zero analysis done here. I had a long bias against this stock based off of my plan going into today. The stock gapped down which should have meant either scrapping my plan as I did not cover this scenario or looking to short it after couldn't go red to green. Unfortunately I did neither. I went long 500 shares at 10.25 and had a stop placed at 10.12. While I was watching the stock play out I knew that I should be getting out but I ignored it. I need to start trusting myself when the trade no longer feels right or in this case when I realize that I only entered because of FOMO and about to get burnt for it. The stock broke below the EMAs & VWAP and I was stopped out shortly after. If anything I should have placed my stop right under the VWAP at 10.18 to manage risk better.