Shared by
jstpierre_BOWS
Shorted this as an ORB breakdown and then added to the short on the pullback to MA's.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-09-04 09:52:16 | ISNS | sell | $7.630 | short |
| 2014-09-04 10:16:05 | ISNS | sell | $7.660 | short |
| 2014-09-04 10:30:07 | ISNS | buy | $7.160 | short |
| 2014-09-04 11:05:31 | ISNS | buy | $7.430 | 0 |
Comments
jstpierre_BOWS
2014-09-05 00:12:49
Thanks Coach! I really appreciate the feedback on all the trades. I will take it to heart. No more chasing unicorns!
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thats not an orb breakdown if its that extended.. u chased the first entry and its wreckless if ur live trading this type of trade u will lose thousands.. in paper its easy to just sit on and let it play out the stock dropped 1 dollar from the open to where u shorted it..it will pop up 20-40 cents in ahot 2nd and u will cvoer and freak out then it will end up going lower so u will chase it again and then since u chased it again that first little pop u will freak out and cover and the cycle starts..
chasing candles is like chasing unicorns