Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
Top up at $49.00 Avg. price $36.67 |
|
|
| New stop 40.60 |
|
|
Reason for Top Up / Sell / Sell Short / Buy Back:
- The chart tells me that it has recovered from the drop and the price is still below my previous partial selling price.
Lesson Learnt:
- Daily chart shows that it only dropped back to around 63% Fibonacci point, Never reach the 76% that I expected it to do. That can be a good thing.
- I missed the BEST BUY point because I was scared. I saw it but I did not follow my own rule that I set and wasted all the good profit margin.
- Saw market gaining some strength, has slightly more confident in taking the trade.
- Looks like my previous partial sell is not too bad of a decision (so far).
- My new stop loss point is kind of low because that is just to protect my capital. Chat wise I believe it has a lot of upside potential and it should be a very good candidate for long term investment.
No comments:
Post a Comment