Shorted when dropped past VWAP and 9SMA (2-min chart), both were turning down; stop above MAs, target 23.40 (near top of daily flag that broke today). Stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-17 10:00:34 | SDRL | sell | $23.990 | short |
2014-10-17 10:03:31 | SDRL | buy | $24.050 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
You might want to use wider stop and smaller size so you can give your trade more room to work it out. When you does that and have some winners you will feel more confident. Having even only a few winners makes you focus more on your trading instead of negative thoughts about your ability to get success.