On a day with strong selling especially in the momentum names, it was not a fun day despite having significantly cutting back on my holdings over the last week. Before today, my longest losing streak was 2. Today I lost on 4 in a row.
So let's begin the Slaughter:
EJ, stopped out at $10.50. I thought I was smarter than the market and this one winds up being one of my bigger losses on the year.
It broke out of the flag ---- to the downside. Stopped at $7.90, exit as planned.
RADA: I used a mental stop at 3.30-- took my eye off the ball and saw then saw it at 3.16, where I sold immediatly.