Fly out

Chalk up another loss, but this trade was executed with perfect objectivity and mechanical order entry. I'll take it. It is always hard to trade reversals in a strongly trending market, and today was no different. Still perfecting the craft, nonetheless.

GAIA:

Gross: -$17.95, net -$20.99 (note, I sold the first 85 shrs @ $17.11, not $17.10 as reported on the chart)

As an aside, I did find two great shorts (ZINC and UAUA). If and when I get setup to trade with a prop firm (along with the ability to short), I'll be looking for both setups. Today was a good example of when shorting is preferred over going long.

For now,
Masterjaz out