Interesting day... early surges upward which I missed because of my day-job, then a relatively quiet stretch which I tried to make the best of. I made four clean trades, the first in GS, which I exited far too early, then three in TNA, the second of which moving so nicely for me that I added another papertrade to the winning position (the third TNA trade). Closed both portions of the doubled-up paper-trade for winners.
Then, my eagerness to latch onto a bigger mover led me to CRM, one of the bigger movers of the day. It was there that I ran into trouble. The 2:50 pm BIG volume surge along with the doji which followed told me that a reversal (profit-taking) was in the wings. Alas, it was not to be. This thing took off against me and I sat on it expecting a breakdown from any HOD resistance. Nope, it pushed right through to new highs of the day. I did not average a better price though I considered it in the 3:25 timeframe. had I done it, there was an opportunity later to get out even. However, I wanted to keep this a "clean" trade so I held, thinking the profit-taking I was looking for would come tomorrow. Holding this one overnight. After-hours shows it down about 26 cents.
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