Shared by
GingerSquid_BOWS
So on the daily this stock is prime for a R/B so when it pulled back to the ema's I figured it would just tank, however, I didn't wait for any conformation and set my S/L at 23.5, which never broke. I went in on this with more of a swing mentality thinking that it was going to tank at some point in the day so that's why I set a loose S/L and didn't wait for conformation of the break. Really I was just lazy with this trade and it bit me, but I'm definitely keeping my eye in it this coming week.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-07 10:32:08 | FTK | sell | $23.280 | short |
| 2014-02-07 15:07:47 | FTK | buy | $23.420 | short |
| 2014-02-07 15:07:51 | FTK | buy | $23.415 | short |
| 2014-02-07 15:07:51 | FTK | buy | $23.410 | 0 |
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