Shared by
James_BOWSsim
Again hoping to catch a bounce in biotechs today that didn't happen. Against my better judgement I tried to long a pop back into the 20 EMA. Didn't mistime it much, but it was counter-trend. Also it only rode along the 9 EMA during that time so it wouldn't have been worth the risk anyways. The smart thing to do would have been short it once it was extended going up into the 20 EMA.
Later again I longed a small pop into the 9 EMA to little effect. Kind of offset my giant loss from getting stopped out of a leveraged ETF. Again should have been short once it retraced to the EMA's.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-12 12:31:05 | LABU | buy | $11.212 | long |
| 2016-01-12 12:31:12 | LABU | buy | $11.212 | long |
| 2016-01-12 12:42:26 | LABU | sell | $11.000 | 0 |
| 2016-01-12 12:48:49 | LABU | buy | $11.100 | long |
| 2016-01-12 12:48:49 | LABU | buy | $11.100 | long |
| 2016-01-12 12:49:10 | LABU | buy | $11.102 | long |
| 2016-01-12 13:03:26 | LABU | sell | $11.205 | long |
| 2016-01-12 13:04:37 | LABU | sell | $11.144 | long |
| 2016-01-12 13:04:43 | LABU | sell | $11.146 | 0 |
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