Play: Flag
Had FOMO, thought it could break as it had strong volume. Would have liked to wait for a pullback before getting in which is what happened. Sold on support, for no reason. I didn't follow my rules and my stop, let emotions come into play.
Bad discipline.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-13 10:43:25 | JD | buy | $30.125 | long |
2014-08-13 10:53:22 | JD | sell | $30.005 | 0 |
It is frustrating but we need to respect our stop losses unless a major level is broken!!
Daily looks great, over 30 gonna go. Good trade even though it yielded a loss.
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I did almost the exact same on this trade, even though I saw $30 was holding. Grrr!