Friday, November 21, 2014

Closed LRAD

This one didn't work out as I had hoped.  Despite the post earnings pop in after-hours yesterday, it never materialized into buying today.  It then sold off and I bagged it out for a loss.   I should have sold more off in the 3.30s after I saw some size on the asks but I figured that buyers would over come the sellers.  After the push through 2.20 failed, I probably should have just closed this trade for minimal profits instead of waiting for the stop to hit.

Entry 1: 3.15
Entry 2: 3.13
Exit 1: 3.39
Exit 2: 2.95
-.45R.  Kept the loss small


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