Trade Recap 6/19/12 … Stops Galore
Started out green today but then got stopped out 3 times in a row to end up with one of my bigger losing days in a while.
Started out with an OSIR short at 10.08 when it went green to red in the morning. Covered half at 9.52 and waited to see what would happen with the other half, and eventually stopped out for even on the other half.
Then a streak of stops got hit. It started off with a swing long in CMXI. I had been holding a swing long from 2.12, with a stop below 1.80, and got stopped out on that. Then I tried longing ONVO at 9.90 on the perk off consolidation as it went red to green; I figured there would be a lot of shorts in this one and we would get a good squeeze. Instead ONVO stalled and I got stopped out at 9.25. Finally, I had a swing short in ISCO from not a very good entry of 0.34, and got stopped out at 0.42.