NARA CLOSED - 0.15 or so 18.34 -> 18.20 / 18.19 will re-entry later. Price action wrong, probably will brearkdown.
Just to let you guys know, I got stopped out of THE and i exited IRIS. I had used extremely small size due to going through the learning process. Back to the drawing board.
tradingbug, THE looks pretty bad IRIS though, good stock I entered IRIS @ 23.20 so its still holding up pretty well. Where price did you enter and what time? I can tell you where you entered wrong.
If I may make a suggestion. Could post a little of your reasoning for each trade. I'm not asking that you divulge a secret, just a general sense of what your thoughts were for entering the trade (i.e. a pullback, test of support/resistance etc..)
If you would like to give us a price analysis, I am sure others along with me would be interested. My entry was for the next Intermediate Term move which entails sitting thourgh multiple natural cycles. I noticed after entry, that I would most likely have to sit through at least one half cycle against me. Not to swift on my part. Is it possible to enter at the lower part of a half cycle? I think so and it would be an improvement. There is also the option of where the stock is a bullet out of the gates. This is all in relation to canslim of WJO. Hopefully, I can keep the brain farts to a minimum even though this was a great learning experience.
ZMH Covered 1/2 @ 88.09 -0.02 (entry 88.07) I didn't like the risk I was taking I'll re-enter tomorrow when I feel its better.
you need to say which time and price you entered, there are lot of entries into a stock, you just need to know what not to do.