Just an intraday HOD break. This was a really weak setup, I don't know why I thought it was gonna go. It was so extended running into that $34.70 mark. The entry was back at 34.40 on the bounce off the 5 min 20sma. Got back in after I bailed the first time thinking maybe it would bounce, but cut that long flat after I realized I was emotionally trading. Lost $48.50
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-05 12:05:50 | QIHU | buy | $34.700 | long |
2013-03-05 12:17:31 | QIHU | sell | $34.460 | long |
2013-03-05 12:17:31 | QIHU | sell | $34.460 | 0 |
2013-03-05 12:23:16 | QIHU | buy | $34.570 | long |
2013-03-05 12:30:13 | QIHU | sell | $34.567 | 0 |
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