I was watching this for a continuation from yesterday. Basically I was regretting exiting my position in this yesterday as I thought it was going to run more today. I was thinking maybe a red-green type of play after the large gain yesterday. I think these pre-conceptions got in the way of me seeing things clearly on this. It opened red, and popped free briefly which is where I entered. Luckily because I thought this was going to run after going green I had a pretty tight stop right under that point, and when it failed I didn't lose very much. Volume pattern showed stronger relative selling compared to buying, but I was not paying attention to that like I should have!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-20 09:36:59 | INO | buy | $3.830 | long |
2014-03-20 09:45:53 | INO | sell | $3.770 | 0 |
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