After gapping up premarket I have waited for an intraday setup to develop. When started flagging I have entered the trade but not sure what I did here wrong?
Except for perhaps not taking some profit earlier?
Any feedback would be appreciated!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-07 10:42:00 | TRNX | buy | $19.110 | long |
2013-08-07 10:42:00 | TRNX | buy | $19.120 | long |
2013-08-07 12:12:00 | TRNX | sell | $19.175 | long |
2013-08-07 12:13:00 | TRNX | sell | $19.160 | 0 |
Choppy day in the market.. lot of good setup was not playing out. only person that was winning today was the broker with commission fees.
Thanks guys for the feedback and support, really appreciated!
Now I really felt what does it mean to trade in choppy markets. Just like you said Nape, there were a lot of good setups not playing out right and it was really nerve wrecking :)
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Nice job waiting for setup, great entry and amazing job taking off table once broke that rising trendline. A trade that doesn't work like anticipated doesn't get better then that!!