Shorted this on the break of the 20ma after just failing to make a new high.
It took a long time to go in my favour although it was never very far away.
However, while it was against me I was considering covering as soon as I broke even as I did not feel too good about it. Instead, I held on even when in profit as it had seemed to have turned a corner and I was in profit for a long time.
I became greedy and wanted it to make back some profit that I lost out on earlier on a couple of other trades, which meant that I was not concentrating on taking what I could out of it and hoping for more.
Just as I was looking to get out with just a little profit it jumped up through the trend line and 20 and 50ma that seemed to be holding it down and stopping me out at my entry.
Lessons are still being learned.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-09 11:23:39 | GPRO | sell | $44.450 | short |
2015-04-09 14:27:43 | GPRO | buy | $44.450 | short |
2015-04-09 14:27:43 | GPRO | buy | $44.450 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!