Chased the entry on this longside short breakdown. If you could zoom in on the chart you'd see the breakdown was actually $51.70 and I had been watching that area for a while and just missed it so I chased. Because I chased it I decided to get out. I tried to hit it later when it actually confirmed the breakdown but couldn't get a decent fill.
100 shares
-$11.82 (-0.23%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-17 12:28:28 | STJ | sell | $51.605 | short |
2013-07-17 12:44:10 | STJ | buy | $51.723 | 0 |
Good for you for getting out without too much pain! I've decided to writing into my rules something about chasing trades. It's so easy to do, but it really doesn't work.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
damn I wanted to short this one on the breakdown too, but chickened out