DUST Trade on Nov 4, 2015 09:59 from ToqueX: Tradervue User Stock Trades.

Grade=D
P/L= -1.2R

Entry: shorted the bounce to a resistance area.

Result: I know that DUST tends to move somewhat erratically although it can make some large moves. This means I need better entries at more important levels than this and more things need to be considered. The idea itself of shorting around here wasn't a bad one, but I think I jumped the gun as soon as it touched the 20EMA on the 5m. I should have waited a few minutes to see if it would exceed it or actually start moving back down. The next level to look for would have been the 15.80 to 16.00 area around which it moved in a somewhat predictable fashion.

Note: There are times to jump and other times to wait another 5 or 10 minutes to get in. This is one of those times when waiting would have made sense, especially in an ETF like this one.