SDRL Trade on Oct 17, 2014 10:15 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

Bear flag forming so I entered a short position within the set up. The stock squeezed upwards but I knew that it would need a lot of volume to reach it highs and change direction. So I borrowed more shares inside the set up. The stock broke down and I covered too early twice, and I was out of the trade. Shorted some more shares and during another break down and exited too early again, and didn't leave any shares in the position. I had no real reason to get out of this trade and I should've let the trade play out. Since I was down in my P/L I wasn't mentally focused 100% on trading my positions right. I was concerned on getting back to even, which was a mistake.


Execution detail:

Date/time Symbol Side Price Position
2014-10-17 10:15:58 SDRL sell $23.900 short
2014-10-17 10:19:13 SDRL sell $24.040 short
2014-10-17 10:48:19 SDRL buy $23.870 short
2014-10-17 10:48:59 SDRL buy $23.840 0
2014-10-17 10:54:48 SDRL sell $23.780 short
2014-10-17 11:56:24 SDRL buy $23.670 0


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