Stock was stuck in a range all day. Moved up and started to flag. I bought in the flag in anticipation of a breakout. It started to break above the flag so I added 300 more shares. Then it immediately dropped and stopped me out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-14 14:25:24 | ZU | buy | $35.020 | long |
2014-05-14 14:46:07 | ZU | buy | $35.020 | long |
2014-05-14 14:46:35 | ZU | sell | $34.870 | long |
2014-05-14 14:47:25 | ZU | sell | $34.720 | 0 |
Yeah I'm starting to realize that. I was just getting antsy since nothing was really going on and I wanted to get in on the action. Bad move.
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!
most of these stocks that have huge moves in the morning to the long side usually just base out for the rest of the day. CLDX was similar