Left WAY to much on the table. The stock was very oversold on the daily so I had it on watch for the day. I missed the 1-2-3 reversal entry in the morning but I entered as it coiled below the 240 EMA (20 EMA on the 30 min.) My entry was at 15.28 with 300 shares with a stop at 15.05. I ended up chasing my entry to the top of the flag because I placed a limit order to low and never got filled. This is a 3x Bull ETF for Gold Miners but I did not take note of this and scaled out my shares way to early. I sold 100 at 15.57, 100 at 15.68, and 100 at 15.73. I have never traded an ETF and normally this would probably be extended on a normal stock but I did not clue into the volatility of this type of ETF.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!