Stop: 42.90$
R: -1
Wanted to trade the continuation move from the morning momentum, but failed to properly construct the trade. I tried to force my stop onto the stock. The correct stop should have been below 42.80 and I should have waited for a coil above 43$. Overall not the best trade, since the remount of 43$ lacked volume. Stock went my way, but there was no chance to get back in, since the daily also looked like trash.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-13 14:09:01 | FEYE | buy | $43.050 | long |
2015-05-13 14:11:28 | FEYE | sell | $42.960 | 0 |
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