Crazy gap down and fill then set a bear flag under price resistance and the MAs. I added on the second pullback but the pattern never worked out like I wanted so I took a small loss before it creamed me. I had doubled my position when my first trade didn't work out and I wanted to make up for it. This is a bad emotional tactic I'm trying to break.
Stop 24.25
Target 23
Risk 1.9:1 not great
Concerns: pattern not tight, big spread. made an emotional trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-05 09:47:31 | VRA | sell | $23.820 | short |
2014-06-05 09:47:31 | VRA | sell | $23.820 | short |
2014-06-05 09:47:31 | VRA | sell | $23.820 | short |
2014-06-05 09:59:47 | VRA | sell | $23.810 | short |
2014-06-05 09:59:47 | VRA | sell | $23.810 | short |
2014-06-05 10:49:10 | VRA | buy | $23.930 | short |
2014-06-05 10:49:10 | VRA | buy | $23.940 | 0 |
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