Lots of selling today. 524 stocks down greater than 4%. Unfortunately, I owned several of them. I got knocked out of a bunch of positions as stops were hit. That's trading. So here's the damage:
OREX-- This was the first to go. It's breakout never really got going. This hasn't really broke down...yet. But I didn't go into this trade to wait for 4 weeks in hopes that its move would resume. I'm perfectly fine getting out here.
ISNS, This actually made a run after gapping down but it was not to be. It was sold off and I'm out. My mistake was selling my second lot, more than buying my third.
Entry 1: 3.08
Entry 2: 3.01
Entry 3: 4.02
Exit 1: 3.21
Exit 2: 3.04
Exit 3: 3.55
This was a breakout trade that got slammed back down.
This was a decent trade. I stayed committed to my plan to use the 6EMA as my stop, which meant I moved it up. As the market sold off, TUBE was closed
I closed my short out as out GMCR was down 6 days in a row. Since it did not appear this morning that we would have the selling we did this afternoon, I figured there was no sense in pushing this trade farther. I had traded it nicely
Another Breakout slammed back down.
I bought this on the B/o this morning. I played it with a tight stop as I figured a true breakout shouldn't go red on breakout day. This one was crammed down.