Shared by
tomr_BOWS
Gap-down on daily chart. Attempted multiple times to short stock when I thought the squeeze was ending and stock was about to flush to VWAP and LOD. No-go and big aggregate loss on this one. Biggest mistake was not to wait for a one-candle confirmation that stock was indeed moving down.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-05-19 09:40:09 | CPB | sell | $42.970 | short |
| 2014-05-19 09:44:30 | CPB | buy | $43.170 | 0 |
| 2014-05-19 09:48:34 | CPB | sell | $43.380 | short |
| 2014-05-19 09:53:51 | CPB | sell | $43.600 | short |
| 2014-05-19 11:07:04 | CPB | buy | $43.810 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!