Took a losing trade and turned it green.
First at the bottom of the big red candle I wanted to short it once price started to go under the 9 ema. Place a Short trade with a stop on top of the 9 ema hoping it would continue to go down. My stop was too tight and price flushed me out.
Decided to get back in again because I still thought price would go down with stop on top of 9 ema. Made some good profits.
Once I closed out of my position I took another short once the 9 and 20 ema touched. Took a small loss again but still profitable that day.
Execution detail:
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hey in genearl rule of thumb is 20 cent stop on a 43 dollar stock is too tight
once it starts to trend really start hitting those pops on it.. u had another reshort at 43 at noon. a couple of these a week ur good to go