Potential ORB.
Failed.
And I feel the volume is too low. I lost interest in this stock.
So I didn't notice when it pull back at yesterday close.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-16 09:42:45 | WMGI | buy | $17.980 | long |
2016-05-16 09:47:23 | WMGI | sell | $17.900 | long |
2016-05-16 09:47:23 | WMGI | sell | $17.900 | 0 |
Actually, the stock most I want to trade is NVDA only today.
Because it has news,its daily chart look nice.
But incase it didn't go, I pick up some backup stock to trade.
And this one,because its volume suddenly increase yesterday.
So I think something will happen today.
I cut lost because it broke the early morning flag.
But I didn't notice 17.8 is an important price.
I shouldn't set my stop there.
And the reason I didn't re-buy it when it hold.
Because it feel today volume it too low, I lost interest watching it.
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Why was this stock on your radar? I can see that if your stop wasn't so tight you'd have made $$. But before the day started, what made this stock worth your capital?