Entry comments: Entered a trade after a long thought process. Tim had entered about 30 or so minutes ago on the breakout above multiday resistance. I waited for the pull back and got an entry a few cents above his. I wasn’t going to enter the trade initially because the afternoon volume was weak despite the strong AM. Decided to go for the overnight hold since it’s a recent contract winner. Also the stock was holding an up trend all day so figured it was worth the risk.

Exit comments: The stock gapped up a little in premarket. The overall market was looking strong so rather than sell for half my goal premarket decided to wait to so the open. The stock tanked immediately at the open. I watch my profits disappear to a loss. Basically got out at the bottom of the panic. Could have gotten out for a profit had I been ready at the open or for breakeven had I waited for the bounce. I wasn’t sure that the panic would stop so I just got out.