this trade was supposed to be a pullback trade to the 9EMA but unfotunately the stock didnt hold support. And I was stupid enough to not put a hard stop and the stock just tanked...I had to close the position real quick..not happy with the loss. At least I didn't hope and let the stock keep tanking.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-15 14:45:03 | CYBR | buy | $71.415 | long |
2015-06-15 14:45:04 | CYBR | buy | $71.425 | long |
2015-06-15 14:45:06 | CYBR | buy | $71.430 | long |
2015-06-15 14:45:06 | CYBR | buy | $71.428 | long |
2015-06-15 14:58:55 | CYBR | sell | $71.050 | long |
2015-06-15 14:59:03 | CYBR | sell | $71.071 | long |
2015-06-15 14:59:03 | CYBR | sell | $71.070 | 0 |
hey Bidask132 yea I usually do put hard stop.... this was a just a silly yet costly mistake since I was at school
hey JDN6832_BOWS, hows it going, oh okay I understand Im guessing after like 2pm the 9EMA no longer applies.
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Always use hard stops, ALWAYS