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My Journal - Trading Equities

  #31 (permalink)
 jitasb 
London, England
 
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  #32 (permalink)
 jitasb 
London, England
 
Experience: Intermediate
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  #33 (permalink)
 jitasb 
London, England
 
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  #34 (permalink)
 jitasb 
London, England
 
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No Trades Today.

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  #35 (permalink)
 jitasb 
London, England
 
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  #36 (permalink)
 jitasb 
London, England
 
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  #37 (permalink)
 
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 deaddog 
Prince George BC Canada
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jitasb View Post
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Attachment 176263

Not sure if you want or need any discussion on your thread.

Why was your exit at 30 cents?

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  #38 (permalink)
 jitasb 
London, England
 
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deaddog View Post
Not sure if you want or need any discussion on your thread.

Why was your exit at 30 cents?

Comments welcome.
Exited as it fell below the open.

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  #39 (permalink)
 
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 ratfink 
Birmingham UK
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jitasb View Post
Comments welcome.
Exited as it fell below the open.

It was a good enough reason.

I would say counter reasons for an entry rather than an exit are that it <looks like> a 3-3-5 corrective flat back on to a half-way back from the previous day's close, and the duration of the correction looks decent to correct the sharp lift. It would be nice to see the volume bars for any evidence of testing, flushing or capitulation.

Travel Well
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  #40 (permalink)
 jitasb 
London, England
 
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Nothing convincing enough for me to trade today.

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