Looking back, this was a pretty dumb trade (check the 1min). I actually missed the entry, kept the order in case of a wick, except when does a stock ever go up and break out 50 cents then come all the way back before continuing up? Dumb entry, dumb trade, and let it go way too far down before exiting.
-70
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-02 10:03:47 | SEE | buy | $30.240 | long |
2013-08-02 10:10:03 | SEE | sell | $29.896 | 0 |
My stop was 30, filled way lower. The worst this trade should have been was a tiny loss anyway, since it was either going to bounce right back up or not go for a while (or at all). Problem wasnt selling on support, it was letting it get down there to begin with
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you sold right on support.