I tried to time a short thinking the 15 min chart was overextended. I didn't have any emas to support a short. thought I was smarter than market got burned... Not sure if I should have just of set a larger stop and risked this? Please give me feedback
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-24 12:17:56 | FOLD | sell | $7.748 | short |
2014-11-24 12:25:08 | FOLD | buy | $7.810 | 0 |
2014-11-24 12:26:43 | FOLD | sell | $7.808 | short |
2014-11-24 12:27:05 | FOLD | buy | $7.854 | 0 |
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No setup to short when you got in. It was bull flagging on top of the ema's.