Tried to take a short on CZR when it showed first signs of topping on 15min chart. Its extended on the daily and had its 3rd up day. My entry was later than usual with a wider stop to try and catch the move and not be shook out. I gave it about .3 and thought it was going to wash when it tested .15 area. When it didnt and got back above the immediate .3-.4 I covered knowing it could squeeze later. It then spiked over $17 and the real failure was in missing that long trade. I was to focused on the short that I failed to see the long entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-14 09:54:16 | CZR | sell | $16.410 | short |
2014-11-14 09:54:16 | CZR | sell | $16.405 | short |
2014-11-14 10:35:31 | CZR | buy | $16.490 | short |
2014-11-14 10:35:44 | CZR | buy | $16.490 | 0 |
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