Play: PB/Bear flag
Gapped down, then went on a run. Waited for it to break down. I chased it and had a bad fill. Since it had a chase, I knew my downsize was small and I wanted to sell for a base hit but had voices telling me to be more patient aka home run . But I knew i had chased it and it was coming on the MA's intraday. It bounced and got stopped out.
Frustrated as if I would have stuck to the plan, it could have been a positive trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-21 10:00:51 | PETM | sell | $58.830 | short |
2014-05-21 10:09:39 | PETM | buy | $59.190 | 0 |
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