Shared by
MAllum_BOWS
Nice earnings gap up on clean Daily chart, expected the stock to go up so I entered for a long during the consolidation so I would have small risk. Stock went up too slightly for me to take a profit. Then broke the support and I got stopped out. Not sure why the stock didn't run up but this is not a game of prediction, I need to follow what price action is telling me. Small loss. Good process, esp while balancing looking at 7 other stocks & trading off my phone!
Could have gotten back in for the short but I would have needed more focus and less other things going on to do that at that point. Hopefully I'll grow into that focus.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-08-04 09:46:45 | SQ | buy | $12.040 | long |
| 2016-08-04 09:53:54 | SQ | sell | $11.900 | 0 |
Leave a comment about this trade!
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!