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Shared by
KeithL_BOWS

 

NUGT

Mar 12, 2014 13:37


Tags:

Scalp failed

Got into this for a quick scalp, but didnt like the setup after i got in, so sold out fast.


Execution detail:

Date/time Symbol Side Price Position
2014-03-12 13:37:30 NUGT sell $51.780 short
2014-03-12 13:38:04 NUGT buy $51.750 0


Comments

2014-03-12 21:17:46
 

Where do you think you should of got in if you were going to short this?

2014-03-12 21:54:24
 

For me...Ideally.....it would have been at 13:55(ish) when it was under the 9EMA and tapped several times to BO, but couldnt. It flushed shortly after that. But, i prefer to have confirmation of the move.
If you wanted to risk it a little, you could have shorted just as it started the PB at 13:35.
I got in late and didnt like my position and the way it was moving at that moment, thats why i sold out. In hind sight.....i should have kept this short.

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