This sporadic chop-fest of a stock treated me like crap this week. None of the R/G or G/R moves worked this week like they had in the previous weeks. Since they weren't working, I tried to get my money back by just anticipating random moves. These gamble trades really messed me up. I shorted at the bottom, and bought at the top of the range like a true chaser. Looking forward, I need to stay away from this stock unless there is a crystal clear setup and risk is easy to measure.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-13 09:31:32 | NUGT | sell | $97.330 | short |
2016-05-13 09:32:43 | NUGT | buy | $98.150 | 0 |
2016-05-13 09:46:16 | NUGT | buy | $101.010 | long |
2016-05-13 09:50:36 | NUGT | sell | $99.900 | 0 |
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