Grade=F
The supposed setup: Parabolic short (bad idea)
Why was this a bad idea?: For starters, it's a uranium stock which is tied to the commodity. Then if I were to actually try to play the parabolic short I'd be much better off waiting for the confirmation of the back side of the move and shorting the first pop or just let it go.
Why did I even get in this situation?: I was feeling desperate for setups I suppose, so this happened. Now I have to grasp to explain the situation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-28 10:23:54 | UEC | sell | $2.720 | short |
2015-04-28 10:31:30 | UEC | buy | $2.780 | short |
2015-04-28 10:31:30 | UEC | buy | $2.780 | short |
2015-04-28 10:31:30 | UEC | buy | $2.780 | short |
2015-04-28 10:31:32 | UEC | buy | $2.770 | 0 |
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TOO EARLY!
these things will crack at the open or alter in the day thts it