Play:Flag/Triple tap
Based out on daily, was approaching key level, good volume in the morning but never exploded out. When there was a flag, I got in and waited for target. Didn't scale out because of low # of shares.
Stuck to plan and traded it according to it. Good discipline on this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-23 11:42:28 | DDD | buy | $55.450 | long |
2014-06-23 11:48:42 | DDD | sell | $55.690 | 0 |
I 100% agree with you on this one Nape but I had 3 shares lol If I had 20 shares, I would have taken off partial at target which i did and then let it ride all the way up until it broke the 9ema as that is my 2nd reason to sell for the lotto shares. But in this case, IMO, scaling out was pointless since I had such a small amount of shares.But I do fully agree with you that I left A LOT of money on the table.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Great entry, but you have to let the trade develop; just like Kunal always say, not a good trade if you left all that money on the table. Do not sell if the setup is not broken.