Grade=C-
The setup: pullback
The result: I got in a bit early. I should have waited longer for a distinct pivot, but I was probably concerned I would miss the move.
The lesson: If I'm looking for only the best setups, then whether or not I miss the move shouldn't be of high concern. I may miss the move, but if the setup's not that great, then so be it. I want to be in good trades, not lucky trades.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-12 09:57:23 | ZU | sell | $13.400 | short |
2015-05-12 09:57:23 | ZU | sell | $13.400 | short |
2015-05-12 09:57:30 | ZU | sell | $13.400 | short |
2015-05-12 10:05:05 | ZU | buy | $13.490 | 0 |
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