Shared by
mirko_BOWS
Nice momentum on the daily making a double bottom and started bouncing back. It was extended intraday reaching the round number resistance which could not hold so I shorted once it made a lower high and started scaling out into the flush but left so much more on the table.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-01-02 13:47:39 | LINE | sell | $11.750 | short |
| 2015-01-02 14:17:54 | LINE | buy | $11.560 | short |
| 2015-01-02 14:19:37 | LINE | buy | $11.510 | short |
| 2015-01-02 14:34:08 | LINE | buy | $11.450 | 0 |
Comments
mirko_BOWS
Len
One of the things I need to improve on is not to trade out of emotions. Trade the chart not the P/L. So I can definitely relate to you on this. I think you were simply protecting your profits. But like what they say, let your winners run!
So true Len, it is much easier to cut the loss short than letting the winner run imho and that's something we need to master by trading what we see instead of the P/L just like you said.
kunal00
nice entry..ideally about 5 minutes early it could have went the other way there but just a few minutes off
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Nice entry. No reason to sell though. You could've gotten more from that flush. Good job at patiently waiting for the break of day trend.