CBMX Trade on Jun 1, 2016 10:54 from Reggie1634_BOWS: Tradervue User Stock Trades.

2016-06-01 22:24:29
This was just flat out horrible. I entered into a long position on the pull back, however I did it right in the middle of that pull back. I did not wait and watch for any kind of comformation, I basically entered on FOMO. I Saw that this stock was running. It broke out well over 4.00, making it to 4.40's and it had made a pull back cracking 4.00 to 3.95. I guess it was here that I thought it would bounce off the 9 day SMA and reclaim 4.00 and maybe try to shoot pass the 4.40 HOD. As we can plainly see this is not what happens and instead of cutting my loss quickly like I am usually fairly good at, I just watched as this slipped to a .30+ cent loss.