daytrade diaries... monday, page-103

  1. 195 Posts.
    I just have a question about SUN and why you sold out.

    I am only quite new to this day trading game and jsut want to gain some more indight into it.

    I have been reading a bit on the suject and just want a real world perspective.


    Looking at a 3min chart for SUN i can see that it had the gap down in the morning then it popped up to 5.03 in a few minutes.

    From then on it proceed to put in a high base(continuation pattern?) and has repeated this pattern a few more times today with no look like it is going to break down(as of yet).

    So my question is what is the reason you sold out:

    1)technical signal
    2)just to book profit


    i know everyone reads a chart differently so just want your guys take on it so i can learn.

    Thanks

    Nosey
 
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