RIMM Trade on Jan 14, 2013 11:55 from kumarBOWS: Tradervue User Stock Trades.

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kumarBOWS

 

Went long for a push to new highs but no follow through. It dipped back under 15.00 and started to bounce around in a channel between 14.90 and 15.00. I wanted to obey my stop loss at .85 so I stayed in the trade to let it work and ended up being stopped out.

I should have flipped my position once I was stopped out from long to short. Typically when stocks begin to move out of their channel, that's the side you want to be on as they usually make nice moves from that range. So pissed I missed this, such a no brainer.


Execution detail:

Date/time Symbol Side Price Position
2013-01-14 11:55:00 RIMM buy $15.030 long
2013-01-14 13:24:00 RIMM sell $14.830 0


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