Shared by
kumarBOWS
Chased this down again..! Luckily this was an all day tanker.. I just suck holding my winners.
I was trying to be patient and greedy on this one cause I can never do it. I swear my brain is wired for scalping. My aim was for +.75c on this trade but I had to leave and didn't want to keep an open position. It dropped a good .50c and then came back to my buy price but I held on for more. This was mentally the toughest thing for me to do as I usually take quick profits. Suuuucks, it ended up hitting my target after I took it off.
Note: Looking at these charts, the 5 minute is a clear down trend and I'm always using a 1 minute...
+.23c
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-03-15 12:50:00 | ULTA | sell | $74.240 | short |
| 2013-03-15 13:14:00 | ULTA | buy | $74.010 | 0 |
Comments
kunal00
ugg you had an all day runner down! remember as long as the series of lower highs is in intact and stock stays under your ma.'s and things yu can still let it ride down.
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Glad to see I wasn't the only one wussing out on ULTA today. I had it short at 74.48 and covered flat then it proceeded to dump into the 72's. Lol I fail at life.