Originally Posted by simonyadig
Picked up some at .026 on the new 52 week high breakout.
I got in at .019, and figured that it would not break the resistance at .024 for the third time, so I sold at .024 Friday.
I figured it would bounce off the resistance at .024 again, and head back in the trading channel between .019 and .024.
Looks like I was wrong...but like Gary Witt said...let em go...forget about how much you COULD have made and look for the next play...a train leaves the station every 15 minutes.
Simon...can you tell me what the keys were for this play? I mean, what would have told me on Friday that I should have held it until Monday? How could I have made this a better play for myself?
If anything, I would like to use this to learn more...