Another stop out to the penny. And this one wasn't even because my position was too heavy. It's because it broke below the previous level of support, not even close to my max loss. So instead of clearing a huge % win, I took the loss. Another lunch time breakout that I didn't buy.
Second buy was on a flag break/ftbo. Didn't go. Sold as it broke support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 10:49:58 | HZNP | buy | $10.040 | long |
2014-02-13 12:01:01 | HZNP | sell | $9.970 | 0 |
2014-02-13 13:48:53 | HZNP | buy | $10.540 | long |
2014-02-13 14:55:15 | HZNP | sell | $10.390 | 0 |
@Nape: I know! But I didn't because I hear Kunal's voice every time I go to buy at lunchtime... "though shalt not buy at lunch."
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Daily chart on this stock is extra hot! You have to keep an eye on this at all times during the day. You could have easily jump back in when you sold it.