Setup: This was a double top play where I was hoping for a break out over a point of resistance that was broken.
Risk: Large risk if the play didn't breakout
Playout: This played out exactly the opposed of what I was trying to do. Hindsight I shouldn't of played this here. Or I should of covered a lot earlier. I missed the real moves in this stock and played it to make another gain and a new high. Bad idea
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-02 10:27:21 | SPWR | buy | $22.430 | long |
2013-07-02 10:31:41 | SPWR | sell | $22.200 | long |
2013-07-02 10:36:11 | SPWR | buy | $22.140 | long |
2013-07-02 11:02:53 | SPWR | sell | $22.000 | 0 |
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