Showing posts with label VEEV. Show all posts
Showing posts with label VEEV. Show all posts

Sunday, September 7, 2014

Closed VEEV

Over the past few days, I've had growing concerns regarding the overall  health of the market.  I spooked myself out of this trade prematurely.  When the breakout reversed, I had growing concerns that my VEEV would not continue the move.  On Friday it sold off in the morning.  I decided to realize the loss early to avoid damaging my account.   Anyway it did  reverse pretty nicely after sell.

Trade Summary

Entry: 30.41
Exit: 29.26

My entry was higher than I would have liked because I was in the car when I got the alert.  I still took the trade but cut my size as a result.  It's hard to predict what I would have done, but given my past trades as of late, had I bought the original entry signal with the size it would have afforded, I would have taken partial profits on the spike over 31.