Turned a winner into a small loser. Went short on a bear flag after yesterday's big jump. First cover was very nice, and 2nd was OK as well. Instead of covering more close to 84 I held and let it get away from you. Should also have stopped out a bit sooner on the break of the trend.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-05 09:46:00 | BABA | sell | $84.900 | short |
2015-03-05 09:55:00 | BABA | sell | $84.950 | short |
2015-03-05 11:12:00 | BABA | buy | $84.300 | short |
2015-03-05 11:28:00 | BABA | sell | $84.600 | short |
2015-03-05 12:08:00 | BABA | buy | $84.500 | short |
2015-03-05 12:40:00 | BABA | sell | $84.420 | short |
2015-03-05 13:42:00 | BABA | buy | $84.900 | 0 |
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