Right idea....wrong time. After bounce could not hold the highs, decided to get in short and catch the flush. Looked like it was going to continue higher and i panicked and sold out with a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-24 09:49:47 | SOL | sell | $3.960 | short |
2014-03-24 09:50:32 | SOL | buy | $3.990 | 0 |
YESSSS...i know if i would have let it run, could have just added for the flush. Worst part was that i didnt stop out. I didnt like how it was running, i thought it was going to BO and i panicked and got out flat. TOTALLY self inflicted...which is the worst part...
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Oh man you had a good entry on that. You sold prior to 4. That's whole number support, I almost never put a stop directly on a whole number, give it a couple pennies over the line. For my risk levels, top of the wick on the 4th candle would have been my stop.