Too early on the first entry and hit stop loss. Then reentered at a better spot. Just felt that this stock was up and down, up and down. It was giving me a headache so didn't hold on to this one very long.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-22 11:14:00 | UVXY | buy | $51.260 | long |
2015-09-22 11:19:00 | UVXY | sell | $51.000 | 0 |
2015-09-22 11:20:00 | UVXY | buy | $50.910 | long |
2015-09-22 11:27:00 | UVXY | sell | $51.680 | 0 |
Just depends on the stock really and this one I wanted a .20 stop which I let it go a little further. Some stocks I'll have looser stops but this one I didn't.
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It seems like a very tight stop. Do you always set stops so close?