Stock went green to red after the open. I waited for the stock to either consolidate or create a dead cat bounce. Once I noticed a flat bottom occur I shorted the stock with a stop at 57.20. To stock dropped down and I covered half. But then the stock started to hit heavy support and I wasn't sure if it was going to retrace. I let my emotions get the best of me and I exited way too early. Missed out on a huge profit!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-02 09:56:12 | LVS | sell | $57.100 | short |
2015-01-02 10:04:26 | LVS | buy | $56.870 | short |
2015-01-02 10:08:49 | LVS | buy | $56.900 | 0 |
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good idea ur thesis was right just dont wath the ticks so much it will make u go crazy