Short 500 shares of TNA at $45.75 at 9:40 am. Covered all at 45.75 at 10:08.
Gain $55.91
Out far far too soon. I have to modify my strategy to account for my lack of exit acuity. Perhaps taking off half to lock in small gains then allowing the remainder to stop out at breakeven or run to the full extent that momentum will carry it. Now, to find a quick easy way to do this in the inefficient, clunky, inadequate IB trading platform; that will be difficult.
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Short 500 TNA, $46.08 at 1:36 pm.
Short 500 TNA, $46.37 at 3:59 pm
Average cost: $46.22
Documenting the Journey From Bluecollar Guy Doing a Bluecollar Job to Trading the Markets for a Living
"A man is not finished when he is defeated. He is finished when he quits."
Tuesday, May 7, 2013
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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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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Friday, May 3, 2013
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