NUGT Trade on Mar 11, 2016 14:24 from kingme29: Tradervue User Stock Trades.

Thought it was breaking over diagonal resistance. It failed and then broke-down. Should have waited for confirm and then shorted bear flag.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-11 14:24:53	NUGT	buy	$63.720	long
2016-03-11 14:31:25	NUGT	sell	$63.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4318833&end=20160410&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=4318833&end=20160311160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2016-03-11 22:59:49

Not sure you had a clear short signal on the daily. I'd have longed this one just as you did. Always try to get in at the bottom if you can, rather than breakout spot, so that you can let the stock move a bit. In this case, it didn't matter since it broke down anyway.

kingme29

2016-03-18 16:32:00

yep

NUGT Trade on Mar 11, 2016 14:24 from kingme29: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax