Play: Flag breakdown
Stock went parabolic on some PR, looked for a short entry, got in when it cracked the support level. Clear crack, held it but was too emotional when it didn't break past 3.3 and sold when price bounced 2 cents. Very upset and embarrassed as I had no reason to sell, just had to wait. Made the mistake of looking at the tape for selling and not taking a step back looking for bigger target and seeing the chart. This is a bad habit I have, I need to slow down my trading when it comes to sells.
Reasons to sell: reactive, emotional
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-20 09:44:12 | CLSN | sell | $3.360 | short |
2015-02-20 09:45:49 | CLSN | buy | $3.340 | 0 |
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