GNCA Trade on Mar 31, 2016 09:30 from jmos_BOWS: Tradervue User Stock Trades.

Play: ORB

Had this on watch for fade after an stuff move. Saw it happen when it ran into resistance at 5.6 and unable to break, got short. When it bounced and failed, added to position for flush. Was too early, held stop above resistance at 5.65 and u guessed it. It stalled at 5.6 as sellers were there but maybe algo's or whatnot, broke through enough to stop me out before flushing again. Put in the stop because it was doing big volume so was scared if broke HOD with that volume, it would rip 10-15cent which would have made the loss big than wanted.Right idea, too early. Biggest fault of mine is having FOMO out of the gate and not waiting for that 1mn candle to see it hold or not. The good is I did add to a winner which is something I'm working on lol

Reasons to cover:stop loss