stock was up on earnings but was fading pretty much from the open. went short on a break of 34. covered flat as i felt it was going to uturn instead of letting the trade play out. bad trade management on my part.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-07 13:34:00 | FOXA | sell | $33.990 | short |
2014-08-07 14:28:00 | FOXA | buy | $34.010 | 0 |
$34.20 is where resistance was at..so stop should have been just above that...http://screencast.com/t/nFF8EZKE6pW
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I did the same thing (tried shorting), it just didn't have enough movement for me so I got out as well.