This was the wrong entry. Stock wasn't ready to fall. I didn't appreciate losing almost $300 for this but given that it closed 2 points higher than that, it was a good cover. I would have covered it tighter but I was off the desk for a while so gave myself a generous stop loss in thc machine.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-14 09:43:21 | BITA | sell | $73.000 | short |
2014-08-14 10:51:51 | BITA | buy | $73.880 | 0 |
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this was a chase