What went wrong: 1) I didn't buy at the first breakout early in the trading day like I really should. Instead I bought at a random time. 2) Since I was not buying at the breakout, a 10 cent stop loss was too tight and I got stopped out. If I had used a smaller position and a wider stop loss, I would have been profitable on this trade.
Broker:Scottrade
| Date | Price | |
|---|---|---|
| Entry | 5/27/2014 | 2.4799 |
| Exit | 5/27/2014 | 2.384 |
- Total Views299
- Position Size360
- Percentage-3.87%
Proof
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