Shared by
ToqueX
Grade=D
On the 2m chart the first entry looks reasonable as a short of a pop on this downtrend. I had the general direction right, but waiting for another 2 to 3 candles on the 5m chart would have put me in the right place to actually profit from this trade and catch the large downside potential. Disappointing, but at least I was in the vicinity of a good trade. I've been moving too quickly lately on trades such as these. I've got to remain patient and be okay with missing out. That would be better than a loss.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-14 09:43:30 | NOAH | sell | $29.340 | short |
| 2015-04-14 09:43:30 | NOAH | sell | $29.340 | short |
| 2015-04-14 09:45:34 | NOAH | buy | $29.620 | short |
| 2015-04-14 09:45:34 | NOAH | buy | $29.620 | 0 |
| 2015-04-14 09:45:44 | NOAH | sell | $29.520 | short |
| 2015-04-14 09:48:31 | NOAH | buy | $29.480 | short |
| 2015-04-14 09:53:21 | NOAH | buy | $29.610 | 0 |
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