Decent setup, but bought purely off of emotions. Knew the game was going to kill all expectations. Forgot that the market rarely knows less than a mere mortal. Many investors were selling to cash in on the lead up. The irony, slept in the morning after due to an all night GTA V session. Sadly, completely forget to set my stop. One of two stocks I did this with on Tue's open.
UPDATE: Revisited the trade on 9/18 with much better results. Still active so I'll post when hits target/stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-16 15:37:00 | TTWO | buy | $17.318 | long |
2013-09-17 09:44:00 | TTWO | sell | $16.880 | 0 |
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Gotta trim on those nice gap ups.