KNDI Trade on Jul 15, 2014 13:53 from jmos_BOWS: Tradervue User Stock Trades.

Play: Flag

Started making higher lows, got in and sold flat out of fear. It wasn't breaking out right away, HOD seemed to be getting sold off so sold scratch. Clearly let fear into my emotions. Should have stuck to the plan and be patient. It never came close to my stop loss. Micromanaged and was scared.
NEED TO FOLLOW PLAN AS ALWAYS! When will I actually start doing that?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-15 13:53:01	KNDI	buy	$19.620	long
2014-07-15 14:02:08	KNDI	sell	$19.620	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=1155754&end=20140814&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=1155754&end=20140715160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KNDI&trade=1155754&end=20140715142908&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jco1987_BOWS

2014-07-15 16:44:08

Seems like you've been getting scared bother!

It was a little late on a stock that was up big yesterday and up more today, so not the highest probability. Oh btw, your entry yesterday was killer for the swing into a morning spike!

singham_BOWS

2014-07-15 17:32:30

If you wanted to be tight, set a hard stop below the entry candle and move away. I have noticed setting automatic stops keeps emotions from interfering with the trade.

jmos_BOWS

2014-07-15 17:48:36

Thanks @jco1987 and @singham..I agree the entry is extended. I missed the 19.30 entry and got pissed then saw it bounced off the 9ema right under HOD..and then got scared. Maybe I should go back to setting hard stops :)

KNDI Trade on Jul 15, 2014 13:53 from jmos_BOWS: Tradervue User Stock Trades.

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