Saturday, June 28, 2014

901 - what went Wong

I have been holding on to this trade for close to 2 months already. My ideal is to be a swing trader, holding the trade for less than a week.

So what's wrong with this trade? I entered too early. My logic that time was to buy when the price retraced in the bullish run. The thing I should wait for is actually a strong bullish signal. I would have saved more money if I waited for that.

I would have bought it at a much lower price, saving money, or  making more.

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