planned on a short, but got worried as it went on. so many entries and exits here. even though I made an $80 profit not sure that I should have taken this trade at all, b/c I seemed to be scattered and unsure of the short play potential to run down here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-29 10:00:27 | UEPS | sell | $12.760 | short |
2014-08-29 10:05:08 | UEPS | sell | $12.830 | short |
2014-08-29 10:07:22 | UEPS | sell | $12.770 | short |
2014-08-29 10:09:42 | UEPS | buy | $12.710 | short |
2014-08-29 10:13:54 | UEPS | buy | $12.740 | short |
2014-08-29 10:15:39 | UEPS | buy | $12.750 | 0 |
I didn't notice the lower highs here. And yes, I've been keeping my eye on the VWAP a lot more than before.
This got flushed from 13.38 at open, so it was in basing mode hence the choppiness.
Makes sense Sayed. And for such a big flush it would have needed more time to consolidate than when I entered.
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This one is a good one to learn from. I don't think it ever gave you a reason to cover here but you probably did bc of your emotions. Notice all the lower highs http://prntscr.com/4ib5zg. Also notice how it stayed below the VWAP. Try not to focus so much on your p and l and what you could have made. Focus on the patterns and indicators