Shared by
pstark89
I tried the short twice anticipating a breakdown. It was right on support on the 30 minute that I didn't see before I took the trade.
The thing I have a question on in a setup like this is, how do you find the optimal price to short on the downside? The reason I ask is because if I wait for the breakdown, it's often too late. What should I be looking for in a case like this?
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-11-07 09:57:03 | SAVE | sell | $76.832 | short |
| 2014-11-07 10:08:21 | SAVE | sell | $77.000 | short |
| 2014-11-07 11:27:41 | SAVE | buy | $77.050 | 0 |
| 2014-11-07 11:38:53 | SAVE | sell | $76.905 | short |
| 2014-11-07 11:57:40 | SAVE | buy | $77.350 | 0 |
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