Daily: Flat Top Breakout
Entry: ORB (extended)
Exit: Stopped out
By the time I got back from a meeting this stock had already broken out of its Opening Range - very extended when I entered.
I was trying too hard to do make some good paper money in the morning, and that resulted in me compromising on my setups.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-15 10:13:39 | APOL | buy | $31.490 | long |
2014-01-15 11:19:41 | APOL | sell | $31.470 | 0 |
True. My entry was a little extended. I got in hasty, and realized that it was a late entry. Keeping my stop lower would have put more risk on this trade, which I wasn't willing to take.. I should have gotten back in it later, though..
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This thing could have made you money, even extended. Why .02 on your stop? It just barely took you out!