Watching because...
* 4% mover intraday
Took trade because...
* Flag break
Sold partial but got impatient with the rest - don't know why it never violated the moving average. ?/?/?/
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-19 11:52:39 | SAVE | buy | $50.640 | long |
2014-02-19 11:59:09 | SAVE | sell | $50.850 | long |
2014-02-19 12:03:49 | SAVE | sell | $50.620 | 0 |
Sayed, I think it is FEAR of losing what I had already gained. My next benchmark is to scale out better into the move upwards and hang on to the rest unless my rules are violated!!!
Nice trade. I have the same issue and it still hurts to give profits back but the way I see it, either you give y-amount back on a few trades but you might make y times 2-3 if you stick to your rules and sell only when you have a reason to sell which will make up for the ones you gave back. Hope this helps.
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Exactly. Not sure either why u sold it!