SGY Trade on Dec 4, 2012 09:48 from ckz8780: Tradervue User Stock Trades.

I should have waited for this to crack lows. I shorted at $19.99 after it showed morning weakness but my general rule on these continuation plays is to wait for them to crack lows. Also, I did not honor my stop on this one which was a huge mistake. I had my stop set at $20.22 but I bought manually when the ASK was $20.22, rather than waiting for my stop to kick at $20.22 when the bid hit. I was the sucker that triggered everyone else's stops today. Had I honored my stop, even though I'd have had to wait all day I would have made $100 on this trade. Instead: -$69.00