56 was the spot to take this thing, and I should have known better cause I was swinging this stocks as well so I was pretty familiar with it. Kunal pointed it out and I took it with him, when he sold, something told me that this was support just wait a bit longer, but I sold anyway, sure enough it bounced. All good though, was a fun trade even though I lost haha.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-17 09:39:56 | SCTY | buy | $56.730 | long |
2014-04-17 09:53:44 | SCTY | sell | $55.780 | 0 |
Cause I still learned something from the trade. Win or lose I'm learning on each trade, even though it cost me 100 bucks. I try not to look at losing trades in a negative view. It was just a trade that I took and win or lose it's the same I guess.
Cause I still learned something from the trade. Win or lose I'm learning on each trade, even though it cost me 100 bucks. I try not to look at losing trades in a negative view. It was just a trade that I took and win or lose it's the same I guess.
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You described this trade as being a fun trade. Maybe I am misunderstanding your use of the word fun but I cannot see how you could get any satisfaction out of a losing trade.
Very interested to know your thoughts on that.