Patience pays off. Didn't want to short on first LH at around 121.50 despite saw it as a good spot to joing downmove. I saw a seller there but though that too many ppl were getting short there which could easily squeeze a buck. So decided to wait for failed follow through, new low and then short on pop.
I split my order to two. One is at 120.50 and the secod at 121. The reason I entered a trade a bit lower is I forgot to press transmited butten, that's why price pierced through my order price at 120.50 but didn't filled it. As I said first week trading live on this new platform. Need a little bit more time to get use to it.
As my target was to catch $1.5-2 move I covered 1 part with 0.75 cent gain. Then I noticed nice consolidation and reshorted on the breakdow with a stop just above it. The final cover was at new low which is again was perfect as price pulled back to almost my initial order entry.
Definitely one good trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-01-29 10:16:26 | BYND | sell | $120.210 | short |
2020-01-29 10:17:53 | BYND | buy | $119.500 | 0 |
2020-01-29 10:22:39 | BYND | sell | $119.380 | short |
2020-01-29 10:24:37 | BYND | buy | $118.930 | short |
2020-01-29 10:31:27 | BYND | buy | $118.220 | 0 |
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