Not a goto setup and position sizing too large. Definitely a bad trade. I could argue that the the long tail lead me to believe that this was a reversal candle but I need to be honest with myself and realize that this is a bad trade as this is not one of my goto setups. If this had worked, this would only have ingrained bad habits. I'm lucky this trade did not work
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-15 09:44:20 | ADSK | buy | $56.730 | long |
2014-08-15 09:46:41 | ADSK | sell | $56.220 | 0 |
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