A trade, A new rule, A stock to watch...

My current method is failing me. I have witnessed too many stock go from nice profits to break even to losses. Something is not working and the problem lies in the 'trailing stop loss' implementation. I only move the stop or sell if the level is violated/reached within 10 minutes of my trading window. HOTT today violated the stop loss, then jumped above right before the window. After the trading window closed, it proceeded to tank 2+%. Needless to say, I was upset.

NEW RULE: Trailing stop loss price targets are valid during all trading hours. The stop is lifted when the stock price reaches the upper target and the stock is sold if it violates the lower target--Seems obvious...

So, I sold the remaining HOTT (14.54898 shares @ $10.349) but it had a high of 10.70!!! with a net of:

HOTT: +$2.92 or +0.973%

I have moved my stop on SBIB after the PM trading window as it reached its target. It subsequently pulled back and is sitting on the lower stop. Tomorrow's action will determine the course of action.

Watch list (if you can call it that): AHG

For now,
Masterjaz out