I tried this a couple of times today. I thought both entries were ok. I'm having a problem getting scared out too quickly. I understand that if it breaks support we have to cut the loss. However, I think I'm doing it too quickly. Any thoughts on this would be appreciated.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-14 14:24:59 | ARWR | sell | $14.210 | short |
2014-08-14 14:46:31 | ARWR | buy | $14.430 | 0 |
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Stock was in a uptrend today, so it would have been best to short the pops. Where you got in at was a chase.