Shared by
Constantine_BOWS
It was a good trade, but I made a mistake with stop loss again. Traded clean bear flag, shorted this stock with a stop at 30.17, but after it went down a little I moved my stop to 30.10 to minimize my loss in case of reversal in it. Well I was wrong, candle's tale stopped me out and went in a right way and I didn't get my profit. What lesson did I learn? Not to move my stop till I get some profit in a trade. It's a pity, but I had not earn money, just get another experince here.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-07-01 10:00:08 | SRPT | sell | $29.900 | short |
| 2015-07-01 10:07:06 | SRPT | buy | $30.100 | 0 |
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no setup. no nothing this is a chase.. there is nothing in this at those levels