This trade represents my first trade ever.  I like NFLX because they have decent fundamentals in terms of RIOC, EPS growth rates, Equity Growth rates, cash flow GR, and a good debt ratio.  The history of the stock for the past 10 years has been solid.  When I started paper trading with my method I initially investigated NFLX around $20 and had made about 40% on my money using some basic technical analysis to time my entry and exit points.  I noticed a slight pull back and jumped in at 39.06 with real money.  What I had forgotten about was watching for the earning report.  a few days later NFLX had a poor earning report and while they met all there targets and still are positively growing the business they did not "beat the street."  As a result my holding dropped 13% after market.  I learned a valuable lesson about earnings reports and after hours trading which TK did not have at the time and I am thankful they have added after hours trading!   I might have been able to save more money.  I chalk this up to a great but costly learning experience.