CMA was holding 23.50 but I was impatient and took 23.55 with stop -10c below at 23.45 Guess what, I was 1 ticked out before it popped 40c! These kind of trades make me wonder about market manipulation
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-09-13 12:38:22 | CMA | buy | $23.550 | long |
2011-09-13 13:38:39 | CMA | sell | $23.440 | 0 |
thanks greg, remind myself over and over to pick only the best levels. had i waited for 23.50 with -10c stop it would have worked!
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Man, totally bottom-ticked. Could have made the argument to get back in immediately when the level actually held...but I think I would had a hard time doing that after an hour and a half of basically no movement.
Oh well - risk management is what it's all about, and you did that!