"Nice descending coil with good technical s. I bought withing the coil but stock pulled back for a 2 minutes under my opening gap and took out my stop. I have to set my stops a bit lower and not panic.
Set up: So So
Stop: 13.85
Clean Chart: Yes
Entry: Good
Exit: I obeyed my stop. I was disciplined. However the stock pulled back to 13.80 under opening gap at 13.86 for 2 minutes (I noticed it happens a lot where they go a couple a cents under to take out other peoples stops) and then the stock run to HOD at 14.40."
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-16 10:42:14 | MXWL | buy | $13.920 | long |
2014-04-16 11:03:52 | MXWL | sell | $13.807 | 0 |
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