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Shared by
KeithL_BOWS

 

NUGT

Mar 20, 2014 10:00


Tags:

Breakout Poor Management

This was probably a mistake trade to take, and then i managed poorly. ARGH..
I was long on previous trade and stock was breaking out nicely. It stalled and wicked back to VWAP and stopped me out.
It immediately started to rebound to previous level, so i longed to get back into it. Sold a partial on the way up and missed a sell at the peak. Pulled back and consolidated, when it started to run up again, i added shares. Then the BO flattened and pulled back. Sold out remainder.


Execution detail:

Date/time Symbol Side Price Position
2014-03-20 10:00:23 NUGT buy $43.520 long
2014-03-20 10:02:23 NUGT sell $43.860 long
2014-03-20 10:38:54 NUGT buy $44.210 long
2014-03-20 11:05:49 NUGT sell $43.770 0


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