Shared by
ckz8780
Attempted morning bounce. Had been watching this since the first volume came in at $4.75 in the 2nd candle and just could not justify holding it after I knew the easy money was over. I knew it would probably bounce but also knew it would likely get faded since it had no real reason to be up so much. Should have not been a pansy and just hit that initial $4.75 entry.
500 shares
-$19.65 (-0.79%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-07-15 10:12:16 | KNDI | buy | $5.080 | long |
| 2013-07-15 10:25:46 | KNDI | sell | $5.040 | 0 |
Comments
ckz8780
Yeah. The sell was poiintless really. Just had other stuff that was working and decided to take some risk off the table. I've been very tight on these lately just trying to hit my daily goal and be done.
JoJoTrades
I need to do something similar....when I hit it big and fast in the morning with nice $$$ gains above my average, I know I SHOULD stop and go to work..but instead I sit and stare...and that situation inevitably leads to a dumb trade.
hit my goal, then go to work with great success!!!!
anyway, i see what you're saying...good to stick with your plan, imo
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sell spot seems like a buy spot on the flag on the 5-min o.O;
then again, as you stated, this was a risky play...could easily fade, and hard...which it dad later!!!