Found this mover with finviz scan and shortly after Maribeth and Kunal called it out in chat-room. My entry was not ideal. It had moved significantly at the time of my entry. Scaled out 1/2 position and raised stop to buy price. when it began to fade I quickly sold remaining position. I didn't follow my rules, should have let it play out. My stop was at buy price. Missed out on a bigger move for selling out of fear of reversal.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-07 12:29:58 | QTWW | buy | $10.640 | long |
2014-03-07 12:51:32 | QTWW | sell | $10.870 | long |
2014-03-07 12:55:40 | QTWW | sell | $10.760 | 0 |
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Good job.