After getting out of the last DUG trade at 26.30, and then seeing it go up fairly steadily, without a chance to get in, I was definitely feeling that I was missing out on something good. I should have been keeping a keen eye on the 15-minute chart, being that these days the market is in free fall and prices are moving really fast, but somehow I waited in vain for a nice entry. When I finally saw it reach 30 and then slowly back down a little, I figured get in now before it shoots away again. Problem is, it was the middle of the day, not my usual time to trade. In fact, after entering at 29.54, I saw it slowly go down to 29, and I was pretty ready to get out right there and then. But the decline stopped at 29, and the next day the market resumed its free fall, and DUG had a nice jump that help throughout the day. At the end of the day, seeing it ramp up quickly in the last hour, I took the safe route and sold at the close, because of the 10% gain and also because with these days' volatility I prefer not to hold a position overnight after such a good run.
What I did well:
- 11.5% return
What I did wrong:
- bought without consideration of technical indicators
- entered in the middle of the day, in the heat of an eventful day

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