I watch this curl up and ignored the LONG entry from the bottom. Was not recalling that this is supposed to be a long. 1st is way late, small started, not even a pullback. I wanted to put in more. 2nd entry is horrible and adding way too much for the entry at this point. Way far way from support. Held over an hour. Did not even take a small gain. FOMO
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-29 10:26:16 | BLDR | buy | $12.940 | long |
2015-04-29 11:07:58 | BLDR | buy | $13.010 | long |
2015-04-29 12:11:21 | BLDR | sell | $12.890 | 0 |
Thanks Sayed. I believe you meant "can not buy long here".
To be clear, what do you mean by confirmation? (20SMA or oversold Stochastics?)
if you are day trading, It has to come out of the consolidation 1st then u looks for an intraday setup.
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Daily is stuck in a range. There isn't any kind of confirmation so you can buy long here. It can stay stuck like this forever,