I played this in the morning trying to buy it on yesterday's support line and let it bounce. It was an ok thought but way too early without any confirmation that it was ready to bounce.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-25 09:37:55 | LEJU | buy | $17.500 | long |
2014-08-25 09:45:14 | LEJU | sell | $17.350 | 0 |
Jonathan -- Thanks for all of your comments and input. They all make sense and in hindsight I see exactly what you are saying. Now I have to take a deep breath and put them into practice. I really do appreciate it!!!
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Peter, there was no reason to buy here. I agree that you should have target areas of where you want to buy based on support areas, but its another thing to go in blindly with no confirmation with no reason to go in. The issue I see here is purely lack of patience. I suffer from this too sometimes and only you can correct it my friend