"A man is not finished when he is defeated. He is finished when he quits."

Friday, June 21, 2013

June 21 (Gain $45.82)

One live trade, one winner.  Out far, far too soon.  Long 500 shares of TNA at $44.82 at 2:10 pm.  Exit all at 2:11 pm for 10 cent gain.  Price eventually hit $45.88 in the 3:30 pm candle; over a dollar available to me had I stayed in.
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My practice trades were also mostly successful with some stop outs.  I didn't take the trade, but the SPY doji at 11:45 am on the 15 minute chart was a nice signal to go Long.

1 comment:

  1. Hi Bluecollar boy, Hope all is well. I see that you realized that you close out your trades too early. I hope you are working on a plan for that (either a defined exit criteria, profit target, or moving your s/l to breakeven). All the best.

    B

    ReplyDelete

Thanks for taking the time to comment. I'll review your remarks and post on the site assuming they are respectful.