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

Monday, May 6, 2013

May 6 (Gain $60)

Content to watch some very easy trading opportunities go by today, but I saw one that I wouldn't pass up.  Went short 500 shares TNA at $45.42 at 2:20pm.  Covered all at 45.29, 2:43pm, thinking that it hit a notable resistance level on slightly up volume.  Thinking a small pop here then a decision as to whether or not to re-enter short.  Received a lousy fill that cost me 3 cents; damn black boxes.
Gain $60
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2:14   Got the pop in the 3:00 candle but I missed the chance to enter short as I had stepped away from the computer.
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