stupid blind trade off the chatroom. should have never been in this. maybe I could have sold some in to that spike but it happened very quickly. I did honor my stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-14 14:31:04 | SCTY | buy | $57.110 | long |
2013-11-14 14:55:11 | SCTY | sell | $56.500 | 0 |
Nice entry. Once it broke over the vwap it pop hard. Just have to be quick on the sell bottom next time. It pop up .70c in a matter on seconds. That was fast!
It pop like that because it got an upgraded to a price target of $71 at the very spot you bought it. Saw it on CNBC as it unfolded.
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chased a tad, but the entry was not all that terrible. Problem with only holding 100 shares is that it's psychologically difficult to scale out...at least for somebody like me.
Should have been stopped out higher.