Two trades, both losses and bad trades. I probably shouldn't have shorted this stock in the first place, because it had it's third up day. In the morning it was in the red though.
First trade: I chased a bit here. I also saw there was support around $3.60 on the daily chart, but I figured it would drop through it. I need to respect levels of support and resistance more.
Second trade: I would have stayed in the position, but I noticed I had shorted 27 shares instead of 277, so I got out immediately. Good thing I got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 09:46:00 | CANF | sell | $3.650 | short |
2014-11-20 09:48:00 | CANF | buy | $3.610 | short |
2014-11-20 10:01:00 | CANF | buy | $3.790 | 0 |
2014-11-20 10:06:00 | CANF | sell | $3.660 | short |
2014-11-20 10:23:00 | CANF | buy | $3.680 | 0 |
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