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