Stop 9.25
target ?
R:R ?
I kept missing the initial short because of my limit order. itwas dropping faster than I could adjust my limit. I guess this is where you put in a market, but I knew as soon as I did that it would get a shit fill and it would reverse. of course it didn't and I kept saying oh look I could've entered there, I could have entered again, I could have entered again, fuck it lets enter. literally 10 seconds after I do it starts going back up... where it hits my stop loss. then goes on the other direction.. story of my day.. I could have made some money...
A few pennies cost me $1.50 on the entry and a few pennies cost me another $1.5 on the stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-06 11:09:09 | OXBT | sell | $8.710 | short |
2013-11-06 11:13:49 | OXBT | buy | $9.260 | 0 |
Next time just be patience and wait for another setup. i know how it is wanting to chase a stock after you miss the big move. Patience is crucial in this business and will save you a lot of money.
Bear flag getting closer and closer to the ema then push it down..http://screencast.com/t/3JfKX7UHt4l
thanks guys, it was a manual stop at my point though it moved so fast I didn't even think to look at where it would hit resist I just thought get out..
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limits will only limit your profit in fast movers, plus get you anxious...just gotta grab some...then post some limits to get filled on the dumps