CECO Trade on May 5, 2016 11:40 from Reggie1634_BOWS: Tradervue User Stock Trades.

This is my first Tradervue Journal entry. I have already signed up and will be attending the up coming boot camp class. So the following trade Is actually something that I will be looking to avoid doing as I continue on this journey.

So CECO was up at $6.00 resistance, I am thinking Short.
1st problem - time of day. I really want to focus on 8:00am to 10:30am (not 11:40)or mid day at all.
2nd problem - no volume, no price action

Things that I did well
1st - I did have a plan. I came up with it quickly, however I had come up with that plan before placing the trade. I had a .10 cent stop for my risk, and my target was .30/.40 cents.
2nd - the stock did wash out to 5.75, which I could'a would'a should'a covered into, however I did not because I was looking for the .30/.40 cents. so as the stock pushed back north on me I calmly waited for the first HIGER LOW, to make my exit, and still for a small gain instead of turning it into a loser.
It is now 2:15 pm and CECO is at fresh highs will be looking for more volume and topping out action for a potenial short