took this $GBSN for a long in the morning see as it had broke out the previous day and was finally catching some steam on the daily. it pushed hard for the first 5 minutes pulled back and crapped hard, i took a long into the pullback and was immediately down. i stayed calm as it dipped to the 6.70 and waited for the bounce but still got out a bit early.-202.00 terrible trade , this is the reason why the 15 minute rules exists and i also could have done a better job of getting out of the long
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-01 09:37:59 | GBSN | buy | $7.246 | long |
2016-04-01 09:44:21 | GBSN | sell | $6.842 | 0 |
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its too early! always wait for a candle or 2.