I was watching PLUG for a quick pull back buy.I picked it up as it was bouncing on the 9 EMA. Unfortunately this ended rolling early. I had expected to get a quick scalp out of it before it turned on me. Almost immediately after I stopped out it occurred to me that I should have set my stop to flip the trade to short. That would have made me look brilliant rather than like someone who lost $6.00. At least my risk was low.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-16 09:53:47 | PLUG | buy | $4.040 | long |
2014-01-16 09:56:16 | PLUG | sell | $3.980 | 0 |
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