2 trades here: 1st trade was me correcting my long error in last trade, but shorted too late. (Mental note: If you are wrong on a trade, don't immediately go the other direction, usually too late or chased them. bad trade. 1/4 size; short; chased it since it jump down; covered when it broke bull flag; (dumb trade) 2nd trade: Realized that the Head and shoulder pattern stretched over yesterday . Looked like breaking down on right shoulder; 1/2 size with 1% stop; covered when near today's low. Since it was only 1/2 size, I couldn't sell 1/4. Otherwise, it would be great to catch the drop afterward.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-03 10:05:00 | ALK | sell | $58.990 | short |
2013-04-03 10:41:00 | ALK | buy | $59.010 | 0 |
2013-04-03 11:18:00 | ALK | sell | $58.860 | short |
2013-04-03 12:18:00 | ALK | buy | $58.500 | 0 |
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first trade a chase. 2nd trde dude u had it.. why did u cover?! let it rip down! 1 good trade a day pays the bills! great entry on it htough