Premarket Gapper.....
Trade 1...Gapped down on ORB and then popped up above VWAP, but couldnt hold it. Tested VWAP again but couldnt hold it. On the PB, shorted for the flush. Target of 17.45, stop at 17.71...just above EMA's.
popped back up to test VWAP again and stopped me out.
Trade 2....Same as the first. You would think i would have learned to loosen my stop , but i didnt.
Bad trade....
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-11 09:44:54 | GTAT | sell | $17.620 | short |
2014-03-11 09:47:04 | GTAT | buy | $17.710 | 0 |
2014-03-11 09:55:22 | GTAT | sell | $17.610 | short |
2014-03-11 10:01:29 | GTAT | buy | $17.720 | 0 |
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