JNPR Trade on Dec 21, 2016 09:50 from tee: Tradervue User Stock Trades.

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Tricked myself into an ORB setup (flat top for 3 candles) with room to the upside of the daily range ($28.78 area). It broke flat top @ $28.57 level, which was also the Mid Pivot Line for double catalyst. Failed to hold the breakout in one candle and I failed to bail as soon as it got back under. I've learned that's usually a reversal signal with Pivots but I let my fear of being wrong keep me in the trade until it broke the lowest candle in the base ($28.49) and got under the rising MAs. I gave it the full support range rather than bailing where my instincts told me I should ($28.56).

The challenge is I now had this losing amount in front of me as I traded my next moves. I let this hole affect how I traded the next trades, which is a weakness I am working on by telling myself that each trade is a new step and that nothing done previously ever matters.


Execution detail:

Date/time Symbol Side Price Position
2016-12-21 09:50:07 JNPR buy $28.570 long
2016-12-21 10:01:00 JNPR sell $28.480 0


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