Shared by
NomadicTrader
Kind of flubbed this trade. Saw the gap down and thought the extension to the 200 MA would give a bounce. Kept right on going. Right to a support line I had drawn. But instead of holding tight or adding, I sold for a small loss. It would have been a great trade. I need to change my tactics on those MA bounces. Maybe buy half position on the MA and the other half on candle closing confirmation. This would have given me a lot more ammo and motivation to buy at the secondary support.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-11 09:54:18 | BDSI | buy | $6.790 | long |
| 2015-09-11 10:10:19 | BDSI | sell | $6.730 | 0 |
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