Monday, October 27, 2014

TWTR attempted bounce trade.

TWTR got smoked after earnings.  It looked Like it might bounce into the gap as a number of stocks had done.  I took a shot.

Entry 44.72
Exit.  44.33   - .39 .  .4R   Worth a shot.  Good risk management on the trade it didn't work. I kept tight risk parameters which saved me from a much larger loss.

Fast forward 3 days and I see how much pain I potentially avoided:

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