thought it was going to be a great short, but shot back up. since it wasn't doing what I expected I got out of the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-27 12:43:32 | MPAA | sell | $29.900 | short |
2014-08-27 12:50:48 | MPAA | sell | $30.050 | short |
2014-08-27 13:07:27 | MPAA | buy | $29.880 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Same thing..trying to time the top of a stock to short is not idea.
Notices when it did base you had a more clean defined setup to play...http://screencast.com/t/psPzsOJ7FR , so you could have took the short around $30 with a stop just above $30.20.