GLD Trade on Sep 8, 2020 09:56 from JohnnyMac: Tradervue User Stock Trades.

Summary

Perfect bounce off the 50ma signaled long for me. Considered this a possible overnight hold if it performed well.

Did Right

I entered solidly on the bounce and a little pullback for retest. Needed a good trade to boost confidence after last week and this was it.

Did Wrong

I covered a little too early. In hindsight, I should have taken half and held half. I allowed a twitter comment from GilmoReport to sway my emotions and ended up taking all of it off the table. Still not a bad trade, but I need to listen to my own intuition as it held up today as well.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-09-08 09:56:52	GLD	buy	$179.650	long
2020-09-08 11:50:35	GLD	sell	$180.952	long
2020-09-08 11:51:06	GLD	sell	$180.910	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GLD&trade=19272089&end=20201008&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GLD&trade=19272089&end=20200908115106&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GLD&trade=19272089&end=20200908134106&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GLD&trade=19272089&end=20200908124206&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GLD Trade on Sep 8, 2020 09:56 from JohnnyMac: Tradervue User Stock Trades.

Summary

Did Right

Did Wrong

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