Shared by
ThaRhino
Setup: Breakdown on the Open
- Shorted the morning breakdown, but probably could've shorted earlier on the bear flag instead
- Added more size as the stock acted weak and broke down again after bearish consolidation, but again should've added the size during the consolidation to minimize risk
- Covered some around the 50c area, and then covered more at the 25c level
- Decided to cover the rest as the stock appeared to have leveled off
* Wasn't able to trade the next setup, but the stock appeared ripe for a reversal, which it eventually did; would've made a nice long trade as well
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-10-08 09:56:42 | CAMP | sell | $18.910 | short |
| 2014-10-08 10:16:59 | CAMP | sell | $18.640 | short |
| 2014-10-08 10:46:07 | CAMP | buy | $18.440 | short |
| 2014-10-08 10:54:50 | CAMP | buy | $18.270 | short |
| 2014-10-08 11:05:52 | CAMP | buy | $18.150 | short |
| 2014-10-08 11:07:59 | CAMP | buy | $18.220 | 0 |
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