First of all, huge chase, $4.48 was teh spot, not $4.53, 2nd, It looks like a swing sort of play hence the wide stop. However, even when entering the trade, I never liked the look, even for a swing (I'd rather daytrade it than swing it).
Not a good trade, not my type of setup, but most importantly, I chased it
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-19 13:13:53 | THLD | buy | $4.530 | long |
2012-12-19 15:06:40 | THLD | sell | $4.401 | long |
2012-12-19 15:06:40 | THLD | sell | $4.400 | long |
2012-12-19 15:06:40 | THLD | sell | $4.400 | 0 |
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