About the worst entry I could have taken. I thought it had the legs to move more, but it was too late in the run up. My entry here was really, really poor and broke a lot of very sensible rules about getting into a stock. If I'd held all day I could have broken even, but the momentum on the stock was just too negative after it couldn't hold the bounce, so I got out for a $300+ loss. Just a really stupid entry on a stock with PR that wasn't that strong. Could have been a pretty solid short mid day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-09 09:59:25 | AMRN | buy | $2.380 | long |
2014-01-09 10:32:03 | AMRN | sell | $2.340 | long |
2014-01-09 10:39:29 | AMRN | sell | $2.320 | 0 |
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eeek... thats a bit chase man. its not a tight pattern.