This is one of my best trades I've ever done. Steal has been a hot sector the last few months, and SXC has gone from $2 to $13 in a year. On the 29th it put in a very beautiful complex consolidation where price pierced the 20ema and reversed intra day. I got a very good entry with a TP at the recent high. However, once it hit my TP I got a little greedy because of how bullish the chart looked, so I held it an extra day. I then decided to get out on that day. I need to really work on how I take profits. I find that I have no trouble taking a loss, but I have a very hard time taking a profit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-11-29 09:37:28 | SXC | buy | $11.280 | long |
2016-12-06 15:01:28 | SXC | sell | $12.620 | 0 |
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