Here is prime example of what happens when you lose money early. Then you trade scared. Here's a decent entry. Lower highs and lower lows.. A nice retest that failed. Nice, large and beautiful red candles showing (got the bulls mad, seeing red)and then the stock retests. But I panic because I don't want to lose anymore money than I've already lost. "Fakeout" retest. AGGGHHHH! PATIENCE! And this loss is a win. @#$%$#@@$%$%! (Excuse my language)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-27 13:13:43 | CTRP | sell | $22.150 | short |
2013-03-27 13:13:43 | CTRP | sell | $22.150 | short |
2013-03-27 13:13:43 | CTRP | sell | $22.150 | short |
2013-03-27 13:13:43 | CTRP | sell | $22.150 | short |
2013-03-27 13:50:22 | CTRP | buy | $22.180 | short |
2013-03-27 13:50:22 | CTRP | buy | $22.180 | short |
2013-03-27 13:50:22 | CTRP | buy | $22.190 | short |
2013-03-27 13:50:22 | CTRP | buy | $22.190 | 0 |
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