Wednesday, May 20, 2009

Wednesday missed trade - MS


While the rest of the market was rallying in the morning, financials were going sideways and XLF printed a series of negative candlesticks. This trade was more instinctive, I just had a feeling that if MS broke 29, it would go down for a while. I waited for a break of 29 and then entered a limit order at 29. If I put the order at 28.98, I would have been filled...

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