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