Play: Nothing
No set up, not patient enough, got in too early for break of LOD. Added at VWAP, thinking it would fail but didn't and squeezed me out.
Bad play, bad discipline. Need to be more patient and let the plays develop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-30 09:58:24 | RADA | sell | $3.440 | short |
2014-09-30 10:08:39 | RADA | sell | $3.530 | short |
2014-09-30 10:14:13 | RADA | buy | $3.620 | 0 |
Well, I like your stop here. This feels like a revenge trade for the previous long attempt not going though. Unfortunate timing, looks like it just needed some time to settle down before it moved in a coherent manner.
Definitely a revenge play lol Need to wait for third taps to break big levels of support/resistance which it did later on!
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Good stop as volume poured in. Thought would run over 4 again for sure.