Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
| 1.50 |
|
|
| Profit | 5 days |
Reason for Buy / Sell / Short / Cover:
- Stop loss triggered
Lesson Learnt:
- Did not realize that the quarter earning announcement is coming.
- Great that I have moved the stop loss up to $1.50.
- Stop loss triggered on opening. This case have shown how important stop loss is.
- This case also shows that if you have a good entry point, it is much easier to rescue yourself from unexpected situation.
- Looking at the weekly chart pattern, it is definitely the chart patter that you might be looking and waiting for. However, things can turn sour in minutes.
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