RADA Trade on Mar 24, 2015 10:26 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

I went long 2000 shares at 2.90 as it popped above the 9 EMA. I chased my entry. I was watching the rounding price action thinking about entering on a higher low. Instead, I got a bit to excited as it broke above the 9 EMA, thinking that it would go on a run. A pure FOMO trade. I ended up getting stopped out at 2.84. In hindsight I probably could have kept a looser stop and potentially added as it did end up making higher lows and breaking above the VWAP for a hot second. I also had way to large of a position considering I was chasing. However, I should have passed on this stock as there wasn't a set-up and this was scenario I hadn't covered in my plan.


Execution detail:

Date/time Symbol Side Price Position
2015-03-24 10:26:57 RADA buy $2.900 long
2015-03-24 10:37:35 RADA sell $2.840 0


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