Trade in JCP, AAPL

May 17th, 2007

I took a mediocre breakout trade in AAPL and a dummy/fib trade in JCP today, both losers. The JCP trade stopped me out just after I got in. There couldn’t have been more than a couple executions below my stop price – in fact, my stop ended up getting filled well above my stop price. I missed SWN which I should have seen – it was on my screen all day right in front of my face.

Here’s the trade in JCP.

Long JCP, 2007-05-16

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