Tried to play the bounce off of the 9EMA. Didn't bounce. It did end up bouncing but far from where I entered. Had a set up in mind, dollar amount risked was within my limits, I set a stop below the support, and was simply stopped out. No harm, no foul.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-06 09:45:27 | KMT | buy | $38.430 | long |
2015-05-06 09:46:30 | KMT | sell | $38.320 | 0 |
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