I was pretty happy with this trade when I closed out of it at 11:00 am. I got a good entry, scaled out 1/2 at my first target closed out when it started showing weakness and fell below the 9 ema. Then I looked at it again 30 mins later and wanted to vomit because I hadn't paid attention to the major level of price support it ultimately bounced off of when I set my stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-09 09:45:42 | SGMO | buy | $16.460 | long |
2014-01-09 10:00:33 | SGMO | sell | $16.890 | long |
2014-01-09 11:01:10 | SGMO | sell | $17.180 | 0 |
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Nice.