Morning flag breakout. Great entry and nice idea but bad stop management. Should have cut this barely under $492...not sure why I would ever think it was a good idea to let it flop all the way to where I sold it. Don't ever use small size to justify crappy R/R. It will never work in the end. This should have been a flat trade or a $20 loss.
250 shares (started with 500 then unloaded 250 flat)
-$272.37 (-2.67%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-14 10:18:51 | LOGM | buy | $41.950 | long |
2014-02-14 10:23:15 | LOGM | sell | $41.950 | long |
2014-02-14 11:16:32 | LOGM | sell | $40.900 | long |
2014-02-14 11:16:32 | LOGM | sell | $40.860 | long |
2014-02-14 11:16:33 | LOGM | sell | $40.860 | long |
2014-02-14 11:16:33 | LOGM | sell | $40.860 | 0 |
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