Perfect flag to 9EMA. Stop -.60, Targets +1.75, +3. AS started to move up I MOVED MY STOP PREMATURELY. LEAVE STOPS WHERE THEY BE. This poor decision of micromanaging cost me both targets. Should have yielded +$250 on this, micromanaging cost me dearly.
LESSON: DO NOT LET PREVIOUS TRADE AFFECT CURRENT TRADE!!!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-22 10:38:06 | GWPH | buy | $60.100 | long |
2014-04-22 10:57:38 | GWPH | sell | $60.390 | 0 |
Ya, exit sucked ass though, lol. Raised my stop WAY too early. +10 as of now as opposed to +.19 i realized. Another gorgeous lesson on letting pattern play out and not getting in the way of it.
Agreed! Still trying to go bring back this habit. Let's keep working at it :)
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!
Beautiful entry!