I keep making this mistake. I took this trade because someone (No Name mentioned, not the point) to long this stock. It made no sense to me, but I longed it none the less cause I know this person is sharp as hell. I was stopped out an hour later. Of course since I didn't understand the trade it rallied big time an hour after I stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-18 11:24:26 | MSFT | buy | $36.015 | long |
2013-12-18 12:37:01 | MSFT | sell | $35.795 | 0 |
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The price is under MAs, and was bear flaggin. You could sell it 35.95. To many calls in chat room - that's right.