"FIRST TRADE:
SPX and NDX break an important resistance and TZA spikes up on good volume. HB said buy on pullback and what I do? I buy it when it spikes up … Ok, I have to work on this. I have to wait for pullback even on ultrashorts. Cause I bought it too high and when HB said that it could be a head fake I started to have a second thoughs. Then stock took out my stop (did not go any lower than that) and I sold. This mistake really bothered me cause it could turn out as a really good trade. After this trade I was so upsed that I messed up, I had to go away from the screen for a while so I was not able to find other good entry in this for a while.
Stop: 17.55
Set up: No ( I was suppose to enter on pull back not on spike up)
Clean chart: Yes"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-14 01:23:28 | TZA | buy | $17.650 | long |
2014-04-14 01:40:24 | TZA | sell | $17.540 | 0 |
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