Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-24 12:25:55 | GMCR | sell | $94.080 | short |
2014-04-24 12:34:02 | GMCR | buy | $94.290 | 0 |
2014-04-24 12:46:09 | GMCR | sell | $94.080 | short |
2014-04-24 12:55:42 | GMCR | buy | $94.370 | 0 |
Yeah, this was a stop issue. Had a number of trades today I just went in too heavy and put my stop where it needed to be for my risk, rather than where the price would support it. I may have been influenced by my earlier trade that I forgot to share earlier where I got it right with this stock. Greed. Smaller position, correct stop. Would have saved 2/3 of my losses today, just the right size and stop.
Right idea like nape said but see how it bounces off the 94 level to the penny. Maybe wait for a bit of confirmation and get in at 93.92 for example. The entry is a bit in a no man's land but there has also been a lot of fake outs.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Right idea, just kept covering into resistance..http://screencast.com/t/EKfmGdrd