I was trying to buy morning breakout, and I did not give it really any room to work. I had the right idea, but terrible execution. I let my fear of starting the morning in a hole get the best of me. Had I waited another 10 minutes it would have been a great trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-22 09:44:37 | LEJU | buy | $16.340 | long |
2014-08-22 09:48:27 | LEJU | sell | $16.340 | 0 |
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My guess is the fear is due to you knowing you bought it way too high, lol. red to green is a good setup, but doesn't necessarily mean you need to wait for it to "go green" ... that usually leads to this kinda entry: a chase. I think the buy on this was probably like 16.10 which would have put you at ease.