bad trade...shorted too low...was in the bear flag for sometime and I didn't get out even when I could have... respected my stop
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-24 12:59:27 | FB | sell | $75.810 | short |
2014-07-24 13:58:02 | FB | buy | $75.988 | 0 |
yeah everyone in the chat was calling it a long lol so i got stopped out of it but then it went south lol
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Yeah, bit of a chase on that entry. Not a bad stop though, but might have put it above the $76 area since that would now be resistance. And looking at the chart as you held it for that hour, there was really no way that sucker was gonna go back up much.......it was definitely headed down, you could tell.