Shared by
nugrahaa
Got burn this time... because of emotion - all entry too early.
Thinking S/R 6.8 bounce point but buy too early (no confirmation yet) - besides most of the time there is second chance, why hurry?
Play 1:
Want to enter at 6.81 but too late. Long entry at 7.0 Make entry point 6.8 become stop loss.
Stop got hit at second chance, which actually timing for Long entry, should hold, but reason to sell is broke below 6.80 make me nervous.
Play 2:
Repeat same mistake, Long entry at 6.95
Stop loss at 6.75, but not honor the stop loss, Sold at 6.90
Play 3:
This time is nice bull flag 7.0 break out and confirmed.
Long entry at 7.1 is impatience again. Should wait for 7.0 pull back.
Put big stop loss at 6.75 this time.
Stop loss got hit.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-27 10:18:27 | SPCB | buy | $7.000 | long |
| 2014-03-27 10:22:54 | SPCB | sell | $6.800 | 0 |
| 2014-03-27 10:27:02 | SPCB | buy | $6.950 | long |
| 2014-03-27 10:40:59 | SPCB | sell | $6.900 | 0 |
| 2014-03-27 11:02:38 | SPCB | buy | $7.100 | long |
| 2014-03-27 11:53:59 | SPCB | sell | $6.750 | 0 |
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