TSLA Trade on Aug 8, 2013 09:44 from Gimani: Tradervue User Stock Trades.

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Gimani

Sold too soon to cut my loss. It did run after I sold.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-08 09:44:07	TSLA	buy	$152.730	long
2013-08-08 09:45:20	TSLA	sell	$152.420	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=545565&end=20130907&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=545565&end=20130808101520&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-08-11 21:53:31

why the sell?

Gimani

2013-08-12 11:41:04

I don't know why I sold this one. I had a good entry but as soon as I saw a loss on it, I panicked and sold. I have noticed that I am not letting profits run and I sell too fast. I do not a well defined selling strategy. I see profits and I am afraid of losing what I have already gained so I sell.

kunal00

2013-08-12 12:32:42

ok so what are we gonna do about it peteson!

Gimani

2013-08-12 13:36:58

I went through your recorded class for "Timing the trade" over the weekend, to refresh my mind and I will be attending the market recaps for the ongoing bootcamp. I will also use time frames like the 30 min. 10 day to help place my stops as they are too tight and I get stopped out.

Any other suggestions?

kunal00

2013-08-12 18:20:14

thats good for stops! now you need someting in place that fits your stye for how to sell and the steps u will take when your in the green.

TSLA Trade on Aug 8, 2013 09:44 from Gimani: Tradervue User Stock Trades.

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