Shared by
ckz8780
Intraday flag breakout. Perfect entry and horrible, pointless sell. This was a $3k trade gone wrong. This is what happens when you trade with FEAR! I should have been entering this with 1.5K shares, 20c stop at $31.50, risking $300 and making $2-3k. This was an absolutely sick opportunity that I just completely blew. This cannot happen if you are to be successful in trading. these are the trades that will cover your tiny mistakes.
300 shares
Flat trade
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-05 12:48:43 | QUNR | buy | $31.700 | long |
| 2014-03-05 13:21:11 | QUNR | sell | $31.730 | 0 |
Comments
ckz8780
That's a great idea! I'm gonna do that. Also keep in mind this is in retrospect. Since I took this trade I have upped from max $100 risk to max $300 risk, so that is where 1500 came from. This trade yesterday would have been taken with 1500! And next time it will!
Markmandy54
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I agree with you that your entry was perfect and that you bottled the sell. I think you are being a bit hard on yourself saying that you should have gone in with 1500 shares because if you bottled the sell with only 300 shares you would have had no chance with 1500. Print out the chart and put it in front of your monitor and the chance of bottling this setup again would be greatly reduced as you will have a positive image in front of you. I am finding this helpful myself.