Shared by
ckz8780
Should have just scalped this. Got emotional after I got stopped on the 2nd half when there was no follow through. Gave back all my gains shorting it like a retard. I need a hand to extend from my computer and slap me in the head when I do this.
+$1.23
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-04-05 09:57:19 | TDC | buy | $52.270 | long |
| 2013-04-05 09:59:54 | TDC | sell | $52.563 | long |
| 2013-04-05 10:12:19 | TDC | sell | $52.260 | 0 |
| 2013-04-05 10:17:16 | TDC | sell | $51.980 | short |
| 2013-04-05 10:19:57 | TDC | buy | $52.180 | 0 |
Comments
ckz8780
2013-04-07 16:45:31
Yep you're right. That's the exact reason I should not have gone short: my reason for being long was still valid. If anything I should have gotten back in long.
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After the short, one could look at this and say that your reason for getting long in the first place wasn't yet proven wrong - and there were lots of opportunities to get back in on the long side. I like to look at my trades like this and think about how and whether I should have gotten back in after stopping out...