Shared by
over9k
- 10:32:09 BOX S200s Rule break
a. Was shorting into the 200, such a clear reaction but didn’t have it marked until I was in the trade
b. Also a bit late to this one, I missed the intraday pivot rejection, should have just backed off of this one.
c. Nice volume spikes on the downside, weak pullbacks overall looking good after it rolled over hard.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-11-27 10:21:09 | BOX | sell | $18.010 | short |
| 2019-11-27 10:31:45 | BOX | buy | $18.138 | 0 |
Comments
over9k
I'm weighted about 40/60 long/short and about the same performance across the two right now.
I find shorts are quicker moves overall due to panick vs long trades that are more of a grind. For me, it's harder to hold through the grind, something I'm working on though.
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Shorting is really much harder than taking long trades. My winning % is much lower for shorts. I don't have stats to back this up but it looks like the best shorts are when it breaks below the 20 EMA and then you short it as it rallies back to the EMA. It is a variation on the "first pullback" idea of Linda Raschke.
I have never (yet) found a dependable shorting method. Good luck! Thanks Lindsay