First PKI trade, I needed to be more patient for my entry. Then I took it off too late. Let it turn against me instead of just taking it off and moving it on.
Second PKI trade, I think I had the right idea. Got in for further breakdown, but was already nervous from the earlier trade. Turned out it would have been a great fader.
Respect the stop loss and pattern. Give trades time to develop and take them off when they hit your stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-26 10:14:39 | PKI | sell | $30.410 | short |
2013-04-26 10:35:20 | PKI | buy | $30.540 | 0 |
2013-04-26 11:06:30 | PKI | sell | $30.500 | short |
2013-04-26 11:30:43 | PKI | buy | $30.400 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
def ddint go down as much as i thought it would .