My stop should have been set a little higher. Got stopped out of a perfectly good flag
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-12 12:08:56 | GTAT | sell | $13.360 | short |
2014-05-12 12:08:56 | GTAT | sell | $13.360 | short |
2014-05-12 12:20:26 | GTAT | buy | $13.410 | short |
2014-05-12 12:20:37 | GTAT | buy | $13.410 | short |
2014-05-12 12:20:37 | GTAT | buy | $13.405 | 0 |
yeah you're absolutely right I should have gotten back in around the following candles. I do tend to do that too, if a stock causes me to lose money I will forget it. Not to my benefit. I also think my stop should have been a little higher but all in hindsight,
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Broke resistance. I believe it was the right exit point. But... you didn't get back in?
One thing I've done poorly is to give up on a stock that is in play after my first loss in favor of other unknown stocks.