buy the rumor sell the news, just a quick little scalp 1k shares +$47, i had a feeling it was gonna squeeze, but it ended up being a decent fader all morning
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-03 09:43:15 | NOK | sell | $5.395 | short |
2013-09-03 09:43:15 | NOK | sell | $5.395 | short |
2013-09-03 09:43:15 | NOK | sell | $5.400 | short |
2013-09-03 10:06:36 | NOK | buy | $5.350 | 0 |
yea i really feel stupid with this one.. left a good 400$ on the table.. i was trading off one min charts since it was still so early in the day and i just got spooked by seeing 5 identical red candles, i felt a bounce was imminent and didnt want to start the day with a loosing trade.. but i really should have only covered once it became bullish again by putting in a couple candles back over the emas consistently.. lesson learned..
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dont sell till u have a reason to sell.. that is my huge problem too u think something is going to happen but that doesnt mean anything .. wait for a reason.