bwa

FE was PDH to 9:35 low. i don't think i will be trading till after 10:30. moves are too quick for me right now. after 10:30, bwa pulled back slightly, right up to it's 5ema. i was waiting for 27.50 but got impatient, pulled trigger at 27.32. set stop at 27.53 which was based off the 10:30 bar high of 27.45. i didn't want to put the stop there knowing .50 was so close and the previous bar had a high of .66. i decided to put it somewhere in between @ .53. that was well planned because the stock hit a high of .51. although if i would have waited for 27.50, i could have properly set my stop above the .66 candle. so, i was wrong for not waiting, but setting a good stop (part luck) on my part helped me out this time. i was looking to exit around 26.50 but couldn't really wait. i got out at 27.92. i got tired of waiting and watching. eventually, i will become better at letting the trade work, but i figured i should take some off the table @ +.40. also, i am only trading 100 share lots, so i couldn't take off half, which i would have done if i had 200 shares.