Shorted once it fell under the BIG 5-0. I owed this bastard for it doing me dirty last week. Made a nice profit, however...
$CONN still got the last laugh. I chickened out and tried to time the bottom with support coming up. Very, very costly. Exited while setup was still great. Ended up dipping all the way down to the next level of support without me. $CONN you got me again. No reason my profit was not three times more.
CONNNNN!!! (in the style of William Shatner)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-23 10:31:00 | CONN | sell | $49.940 | short |
2013-09-23 11:02:00 | CONN | buy | $49.494 | 0 |
Agh! This was the one i texted you about. Then it fell that additional buck. Had a large position, too. This was a bad mistake.
But you still made a profit! No one should get too upset about making money, right?! But agree should have only covered partial and let the rest run.
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Awesome entry. Let hose partials run (or in this case fall) as obeyed the falling 9EMA. Use the falling EMA as a stop, and you would have gotten another +1.50 with no additional risk. Nice trade though.