stop 32.90
Like I have done in the past, I moved my stop loss up.... to 33.10.... .20cents.....
wtf was the point of .20c. Had I not done that I would have never been stopped as its low was 32.92 and could have got all the gains. I also tried to trade a breakout at lunchtime which is another rule sitting right on my desk of what not to do..
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-03 12:58:26 | GOGO | buy | $33.500 | long |
2013-12-03 13:34:24 | GOGO | sell | $33.100 | long |
2013-12-03 13:34:24 | GOGO | sell | $33.080 | 0 |
good input. didn't think about dumping once it didn't break the 33.85.. was trying to hold it and honor my stop loss
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Once it fail to break over 33.85 you should have got out the trade flat or once it broke the 9em. The double tap fail but the triple tap broke through cleanly.