Entered the first position early as I thought it was breaking above the $54.90 resistance it held yesterday. Didn't have follow through so I sold it. I tried it again when it held the 20 ema. Paid a little high for it. I should have sold at least half when it did break to the highs of the day but didn't sell. Then it just didn't have the juice so I sold out with a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-21 09:34:07 | GLNG | buy | $55.019 | long |
2014-11-21 09:36:16 | GLNG | sell | $54.531 | 0 |
2014-11-21 09:57:39 | GLNG | buy | $54.657 | long |
2014-11-21 10:00:03 | GLNG | buy | $54.987 | long |
2014-11-21 10:35:24 | GLNG | sell | $54.500 | 0 |
Thanks Nape. I tell myself every day to stay away from the opening. Sometimes I listen and sometimes I don't. I'm sitting on my hands for the first ten minutes Monday. :)
All these entries are gross:-)
I feel the love Kunal :). Point taken. I was envisioning something in my head and not looking at the set up or lack thereof. I need to slap myself upside the head sometimes.
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Buy the first candle is a gamble. Let a pattern form.