Here's one that threw me off way too soon. I bought ISNS @5.34, It was getting close to the end of the day but it was breaking out of a nice flag on a 5 min chart. I ran it to .65 the prior HOD and sold it at .61 when it stalled --- made about .4R so not bad for 15 minutes. About 10 seconds later ISNS really took off hitting $8 + ah
Tuesday, September 2, 2014
Partial Close: VDSI, DAY TRADE: ISNS -- Falling off the bull before .08 seconds.
Nice continuation out of VDSI, I sold half of the position. Why? Profit protection I suppose. That being said, I've had a difficult time staying on the bull for the full 8 seconds:
Here's one that threw me off way too soon. I bought ISNS @5.34, It was getting close to the end of the day but it was breaking out of a nice flag on a 5 min chart. I ran it to .65 the prior HOD and sold it at .61 when it stalled --- made about .4R so not bad for 15 minutes. About 10 seconds later ISNS really took off hitting $8 + ah
I'm hopeful that selling off 1/2 makes it easier to ride the bull if it keeps going. Perhaps its the size of my positions that have shaken me off too soon.
Here's one that threw me off way too soon. I bought ISNS @5.34, It was getting close to the end of the day but it was breaking out of a nice flag on a 5 min chart. I ran it to .65 the prior HOD and sold it at .61 when it stalled --- made about .4R so not bad for 15 minutes. About 10 seconds later ISNS really took off hitting $8 + ah
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