I can't believe I took a trade like this, this trade was on May 17th 2012, I don't even remember this trade, I was looking through my saved trades and I came across this beauty. Sh***ttttt. Look at the setup, I wish I knew what I was doing back that then, these are the types of setups I look for now. I actually highlighted the play and wrote on the chart, "drifting consolidation...high percentage play" This gives me the chills I'm not even joking. I even highlighted the volume and everything, I didn't know jack sh*t about setups last May but I'm glad I saved almost every trade I made. This is a trade that I would actually call a good trade in my books today, its a relatively clean setup, the stock made a massive move down, it tried to pick itself up but it just couldn't, it only got half way up and that's when the consolidation began, and BAM, I guess that is when I got out my short guns and started shorting this baby.
I hope I can do the same next year for the trades I am making now, I can't wait. This truly shows how much I've learned and grown as a trader.
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