Shared by
jschrager23_BOWS
shorted on the breakdown of the support set a stop above and let it ride. Could have held on some more though
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-05-12 13:59:23 | YY | sell | $57.170 | short |
| 2014-05-12 13:59:23 | YY | sell | $57.164 | short |
| 2014-05-12 13:59:24 | YY | sell | $57.220 | short |
| 2014-05-12 15:13:20 | YY | buy | $56.960 | short |
| 2014-05-12 15:13:23 | YY | buy | $56.940 | short |
| 2014-05-12 15:13:44 | YY | buy | $56.960 | short |
| 2014-05-12 15:13:44 | YY | buy | $56.960 | 0 |
Comments
ftai_BOWS
2014-05-12 18:26:47
A lot of head fakes today. At least let it violate the 9ema, then sell. Or sell half, let the other half ride.
jschrager23_BOWS
2014-05-12 18:54:33
Yes I should have my reasons to sell written right next to me. That seemed to me my Achilles heel today. Thanks for pointing this out guys! thats why I love these trade reviews
JDN6832_BOWS
2014-05-12 19:20:45
Dude the same thing happened to me today. I got sick of waiting and sold at a small loss. Only for it to make the move I thought it would after I had gotten out.
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I know it's tough when you see a candle start to sink and then reverse up $0.20, but it was just coming back to test $57, and the volume wasn't giving you any warnings that it was a reversal. It didn't make a higher high, nor did it break the EMA (I don't know what your reasons to sell are, but these are a few of mine). I may have been shorting that area as it came back to test $57.