Tuesday, February 24, 2009

long FAS

bought: 4.82
sold: 4.89

reason for buying:
upward breakout of descending triangle
1st pull back to breakout trendline
FAZ is breaking down

reason for selling:
i got chickened out, lacked patience and experience with this fast 3x stock.
had the bad mentality of aiming for perfect record rather than following price objectives.


update:
zoomed past 5 after i sold it.. damn it!... definitely need to have more patience...profit is always good..moving on...not chasing.

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