STOP CHASING!!!
Flag pullback to MA's with late chasing entry.
GEEZ. Wait for the f'n MA's, This coulda've been an ok quick trade for maybe $100 to $176.
Even at $100 bucks that woulda been a swing of +$229 in profitability
TRY TO RECOGNIZE WHEN I AM EXCITED, AND REMEMBER TO BE STINGY WITH MY ENTRIES.
LET PRICE COME TO ME
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-06 14:30:53 | KITE | buy | $71.918 | long |
2015-01-06 14:32:11 | KITE | buy | $71.690 | long |
2015-01-06 14:34:08 | KITE | sell | $71.158 | 0 |
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You said it yourself. Too overextended. Been there done that many times. You have the right idea. Keep plugging!!!