Entry on this was when it reached vwap and I shorted at that level by also looking left with some resistance at this level. My mistake was not letting that area confirm resistance before I placed a SS.
This was a bad entry and bad trade. I had hard stop in place and it saved me. I was also small position since that area had not confirmed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-10-01 14:52:00 | AXSM | sell | $16.530 | short |
2019-10-01 14:52:00 | AXSM | sell | $16.530 | short |
2019-10-01 14:55:00 | AXSM | buy | $16.804 | 0 |
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