My attention was brought to this stock via Kunal in the chat-room and pulled up the chart. Price popped above 9 ema, volume began to pick up, got in upon seeing this.
Placed stop @ 34.17
I didn't scale out of this trade, which was a big mistake. There was no reason to sell where I did. ema had not been violated. Left money on the table for not following my rules.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-25 11:12:37 | ITMN | buy | $34.240 | long |
2014-02-25 11:14:20 | ITMN | sell | $34.510 | 0 |
Good entry. Need to let it play out a little bit as you know. Good job. Sounds like i need to make my life a little easier and get in the chat room.
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You had it. Needed to be bit more patience.