Mean reversion scalp play
After bouncing straight up by more than $2, entered after print of doji candle at 70.50 with risk of 0.12. Covered on flushes and stopped out of lotto on bounce to entry price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-23 10:20:46 | SCTY | sell | $70.390 | short |
2014-07-23 10:23:51 | SCTY | buy | $70.055 | short |
2014-07-23 10:24:45 | SCTY | buy | $69.900 | short |
2014-07-23 10:30:11 | SCTY | buy | $70.430 | 0 |
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Good catch!!!