Shared by
derekrucki
This was one of those trades that just frustrates the hell out of you. Got long against 105 because it was holding and going into the 10day on the 5' chart. Almost the second after I got long at 105.03 a massive sell order came in and dropped the stock 30cents before I could even enter my stop. I have seen these kind of shakes happen before so decided to give it 10seconds to see if it would rally back up but it kept going down so I stopped out at 104.62 which was well underneath my intended stop of 104.89. I would have stopped out at my regular price had the stock not dropped so fast like that and I had time but I suppose I should have just gotten out at the initial drop to .73 when I had a chance. It then went on to rally more than 2 points right after I got stopped out, which is the most frustrating things of all!
Net: -1.34R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-01-24 10:11:22 | FFIV | buy | $105.030 | long |
| 2013-01-24 10:12:31 | FFIV | sell | $104.620 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!