BAD TRADE.....
Really...i should have NEVER longed this, but when it got above EMA's and started stair stepping up towards VWAP, i thought it was going to try for a BO. WRONGGG!!!!!!
i even new that there was heavy resistence above it. Was a bad setup. Trying to make it do what i wanted it to do.
Got in with target of 31.61 and stop at 31.40. And there is my second mistake, on the pullback i allowed it to go beyond my stop and lost more than i should have. Finally sold out when under EMA's.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-13 14:04:41 | PFE | buy | $31.440 | long |
2014-03-13 14:21:26 | PFE | sell | $31.350 | 0 |
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