I was trading this for the pullback, but this stock was already beneath the VWAP. So I broke my rule of longing under the VWAP. I stopped out at the right time, but a waste of money because if I followed my rules, this loss would have been avoided. This was a boredom trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-05-23 10:20:40 | NK | buy | $4.290 | long |
2017-05-23 10:20:49 | NK | buy | $4.290 | long |
2017-05-23 10:24:39 | NK | sell | $4.190 | 0 |
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