Bought XOM @ 60.50, set the stop-loss at just below 60 at 59.98 because I was not able to buy it at that level. It looked strong. Today it hit the stop loss. I did not move the stop loss above it because I wanted to avoid getting hit by market noise.

Lesson learned: Should have waited to buy at a lower level to make the upside move of 1.5 points easier. I was very eager to put on the trade. Waited for few days when the stock was not moving up strongly. This tested my patience. Next time I have to use the bracketed buy to take advantage of the 1.5 to 2 points move every day. Risk = 0.50 cents reward = $ 1.5 to $2.