Oil was already pretty extended to the downside and I was afraid of a bounce so I closed out my position too early on this. I could've waited to short on a little bit more of a pop but not a bad trade and at least I didn't cover in a panic.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-29 11:38:26 | SM | sell | $39.428 | short |
2014-12-29 12:15:10 | SM | buy | $38.930 | short |
2014-12-29 12:29:32 | SM | buy | $38.690 | 0 |
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