Thursday, May 17, 2012

Biggest red day to date, 0 for 4 and that was still with 1/2 positions

Mistake 1: Taking the loss before stop is hit and not letting action move to target to take off.
Mistake 2: Putting stop AT support instead of below
Mistake 3: As soon as stop is hit i take off price as most time it bounces back so wait for a few minutes

FSLR - Long off strength but took premature loss

PANL - Looked to bottom but entered too early and didn't retake when setup

VMW - Long off strength but got stopped at lows (right at support)

BIDU - Long at bounce but stopped out on new quick shakeout low

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