This trade was good. Kept me from having a real losing day. The real issue was with REKR though. I should have entered that trade on the bid, but I put in a limit order instead. That trade would have put me green for a decent gain for the day instead of a small loss. We don't want to start this again.
Once the position size is calculated, just enter the trade regardless if it moves or if have to chase a little. The problem with this one was that it moved 8 cents on a fairly large position size, but it doesn't matter. Just suck it up and get in the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-09-02 08:48:46 | GES | sell | $14.390 | short |
2020-09-02 15:28:50 | GES | buy | $13.530 | 0 |
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