I tried my hand at swing trading because I liked the daily pattern. Unfortunately I got burned because the sucker gapped down. On top of that I also realized I jumped the gun on the swing and should have waited for it to go down further.
Shares traded: 1200
Closed P&L: $-348.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-02 15:28:24 | S | buy | $10.410 | long |
2014-01-03 09:31:00 | S | sell | $9.830 | 0 |
I thought it was a pull back to support on the daily. I thought it would bounce off the news of acquiring tmobile and becoming one of 3 major US carriers.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
What was your setup on the daily that made you want to swing it?