This is the perfect example of not capitalizing on a play!!
Entry was perfect - saw the consolidation of the strong thrust and entered with reasonable size according to the risk being taken off the $45.70 level.
Exit: butchered. Mid-trade, I decided to move my stop to 46 to lock in gains. Had I left my stop where it was, I could have ridden this trade into the 47s!!!!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-31 10:19:24 | FIT | buy | $45.800 | long |
2015-07-31 10:26:11 | FIT | sell | $46.000 | 0 |
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break even stop would have been good. All or none!