I was watching CTIC for a breakdown based on the extended daily chart. I missed it go red, but caught the pullback to 9 EMA. I shorted there, but it ended up bouncing and climbing back quite a bit, stopping me out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-23 10:15:40 | CTIC | sell | $3.910 | short |
2014-01-23 10:25:22 | CTIC | buy | $4.020 | 0 |
man good advice ur giving today billy!
mike u knw what did!
Kunal, you're right on both counts. I think knowing almost makes it worse.
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http://screencast.com/t/eRwXX0v5dj $CTIC
I know how bad it feels when you miss the fade, and your entry, but trust me when I tell you. I've learned the hard way (real money and lots of it) "Not to chase an entry". You miss it, that's it, you miss it (for now) can always watch for another entry, or move on to another stock. This was a chase at $3.91