I did every possible mistake on this trade:
1) Stock was already over extended on the daily
2) Stock had a major resistance level overhead on the daily
3) I chased
I could have probably squeezed some juice from this trade if my entry was perfect but it wasn't and I should not have taken this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-12 11:04:08 | ECYT | buy | $14.300 | long |
2014-02-12 11:04:08 | ECYT | buy | $14.300 | long |
2014-02-12 11:04:08 | ECYT | buy | $14.300 | long |
2014-02-12 11:04:08 | ECYT | buy | $14.300 | long |
2014-02-12 11:16:57 | ECYT | sell | $14.450 | long |
2014-02-12 11:16:58 | ECYT | sell | $14.445 | long |
2014-02-12 11:25:44 | ECYT | sell | $14.260 | long |
2014-02-12 11:25:44 | ECYT | sell | $14.260 | long |
2014-02-12 11:25:49 | ECYT | sell | $14.310 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!