PRTA Trade on Mar 20, 2015 09:47 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

In my plan I mentioned that if this stock can't make highs after its pullback to the 9 EMA it could potentially turn into an all day fader. I was not thinking here. I saw that the stock was flagging and entered at 42.99. The stock popped up to 45.00 for a hot second but I wasn't quick enough. I was also thinking it may potentially go on a run. I should have at least sold half my shares and move my stop to my buy price. I was using a mental stop and waited to see if it would pullback again and maybe catch a bounce. It didn't and started fading. I held on WAY to long, exiting at 41.07. As soon as the breakout failed I should have been getting out. Very sloppy trade.


Execution detail:

Date/time Symbol Side Price Position
2015-03-20 09:47:53 PRTA buy $42.990 long
2015-03-20 10:14:26 PRTA sell $41.070 0


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