NUGT Trade on Aug 16, 2013 11:18 from fnu_BOWS: Tradervue User Stock Trades.

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fnu_BOWS

 

i think i had pretty good entry on this and then i saw few red candles and it broke the 20 EMA on my 2 min chart.
should have let the chart develop a bit and then entry. This stock is in downtrend whole morning.

so i just played safe and be out. it went up right after. shoot!


Execution detail:

Date/time Symbol Side Price Position
2013-08-16 11:18:03 NUGT buy $9.530 long
2013-08-16 11:25:47 NUGT sell $9.410 0


Comments

2013-08-16 19:24:08
 

No setup there.. needed to give it time for a pattern to develop.

2013-08-16 20:13:54
 

yeah Nape. you are correct! thank you for the comment.

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