Bear flag set up. I entered in the bear flag before it broke support at $1.67. In attempt to scale some out during the first dip I accidently add more to my short. Right I sold some shares. The stock popped up slightly and I covered due to uncertainty of the stock.
I didn't trade this stock well at all. I should've obeyed my stop at $1.80 and left some shares in the stock as it continued to go down. Lessoned learned as I left a lot money on the table.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-07 15:00:01 | GTAT | sell | $1.720 | short |
2014-10-07 15:07:35 | GTAT | sell | $1.580 | short |
2014-10-07 15:07:54 | GTAT | buy | $1.570 | short |
2014-10-07 15:11:14 | GTAT | buy | $1.540 | 0 |
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