Shared by
ryanBOWS
Longed this outta the gate. Liked the pop up and thought it had more. Not sure why I went in with 2k shares. Wasn't even thinking. That was too big of a position for my account.
Got scared out when it started to flag. Waiting for confirmation would have been better. Missed a great opportunity.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 09:36:00 | RKUS | buy | $13.550 | long |
| 2013-07-18 10:06:00 | RKUS | sell | $13.560 | long |
| 2013-07-18 10:06:00 | RKUS | sell | $13.560 | 0 |
Comments
JoJoTrades
2013-07-18 22:35:52
too big positions are bad for us, psychologically, as Nape said there...go in more reasonable next time (especially right at the open chasin big green candles!!!!) and then you will have the patience to hold and get a nice ass gain 8-)
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Chase it with to big of a position that why you was nervous... but if you would of held on to it, you had.. that flag got tighter and tighter then BOOOOM!