Anticipated a bounce day in the stock. When it gapped down and started to show higher lows, I bought it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-12 10:12:48 | RYN | buy | $26.390 | long |
2014-11-12 10:12:48 | RYN | buy | $26.390 | long |
2014-11-12 10:12:48 | RYN | buy | $26.390 | long |
2014-11-12 10:12:48 | RYN | buy | $26.390 | long |
2014-11-12 10:12:48 | RYN | buy | $26.390 | long |
2014-11-12 10:33:51 | RYN | sell | $26.300 | long |
2014-11-12 10:33:51 | RYN | sell | $26.300 | long |
2014-11-12 10:33:51 | RYN | sell | $26.300 | long |
2014-11-12 10:33:51 | RYN | sell | $26.300 | 0 |
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90% of the time if stocks gap down, no buy on bounce. That bounce makes a better short entry.