IRBT Trade on Apr 27, 2017 14:38 from JIP_BOWS: Tradervue User Stock Trades.

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JIP_BOWS

 

Earnings breakout continuation, consolidated after making big run in the morning. Created a huge intraday flag that looked like it would break around 1:40 pm. I made the mistake of not exiting when my setup was invalidated, thinking maybe I read it wrong. I didn't read it wrong, it was just invalidated. I feel like I had too much of a conviction for this trade and that's where I messed up, continuing to think it would bounce. I should have exited for a small loss as it broke under VWAP. Frankly, I shouldn't have taken the trade at all. I needed to have read the pattern better. This took away from gains I had previously made.


Execution detail:

Date/time Symbol Side Price Position
2017-04-27 14:38:04 IRBT buy $80.510 long
2017-04-27 15:30:53 IRBT sell $79.890 0


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