Noticed P/B to 9EMA bounce. Great entry. STop -.75, Target +2, swing rest. Moved up nicely and then sellers hit hard dropping it .75 in minutes so MICROMANAGED and took off flat. Target hit +2 and stop didn't.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-18 10:17:18 | SCTY | buy | $77.400 | long |
2014-02-18 10:23:26 | SCTY | sell | $77.500 | 0 |
I know, had the entry, great stop, and yet i micromanaged. It even Setup another great flag too their above 77.50 giving another entry after the sellers subsided.
maybe you need to enter the trade, set your auto stop, then move on. dont look back at thatstock for a while, let it do its thing. if you are in prodigio you can even set an auto sell on target. or maybe set an alert for a price close to your target so you can go back then?
Hey Mark,
you can't get too frustrated with yourself... you've got to relax and forgive yourself in order to let things play out. I know that's helped me a lot - hope it helps you too
Good entry as it broke out of the flag. Yeah, set your stop under the ma's (this early in the day, under the 9ema and VWAP). it never violated either of them. I like charlesk's advice - set your stop, and then walk away for a bit. You know this stuff! Trust in yourself! (I know, easier said than done :)
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HONOR YOUR STOP!!! you had this bro