Wednesday, December 24, 2014

Big Losses in year 2014

Summary: all these big losses are failed breakout or anticipation of breakout. My problem is to set the loss too wide, or cancel the initial loss to move the loss lower. I cut the loss almost at the low of the wave.
Lesson: only risk the amount of breakout bar. Set the stop at the low of breakout bar. Do not move stop!

1. Wuba

2. ZU







3. VEEV









4. TWTR









5. QIHU









6. PANW









7. HOG


8. AFOP


9. BAC


10. AAPL


11. BABA


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