I was up about 50% at one point, but it didn’t feel like enough. Kept getting calls then got distracted…wound up deep in the red. Posting as promised, so maybe others can learn from my mistakes just like I will. This time I had Pandora playing in the background so I wouldn’t have to chat so much to fill the dead silence.
In hindsight the signs for closing the position were all there. Price was approaching one of the 1hr timeframe boundaries I marked during the premarket hours. And the wicks below the candles should have told me a lot of buyers were present at that level, so the price wasn’t dropping further.
