Assumption:
IMMU would respect 9ema, as it had been in the past hour.
Plan:
Buy as it hit 9ema with a stop under lowest MA (the 20sma in his case).
Outcome:
The play worked but I have no idea why I took such a small position. My R:R allowed for 3000 shares, which would've produced a P/L of $133 instead of $40.
Lesson:
Check your order thoroughly before placing it. Also, either you're working your day job or you're trading. Can't be both. (I make a lot of mistakes when I'm trying to multitask).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-14 15:24:08 | IMMU | buy | $5.180 | long |
2013-08-14 15:24:15 | IMMU | buy | $5.180 | long |
2013-08-14 15:24:19 | IMMU | buy | $5.170 | long |
2013-08-14 15:59:05 | IMMU | sell | $5.310 | long |
2013-08-14 15:59:05 | IMMU | sell | $5.310 | 0 |
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!