My end of day attempt to make back some losses. I missed the crack at 34.00 but entered a short position while it was bear flagging. I went short 200 shares at 31.43 with a stop at 31.73. I got suckered in on the fake out while it broke the 9 EMA and stopped me out just before flushing down to 30.00. I had to tight of a stop and should have placed it above the the 20 EMA. I was completely off my game by this point and not analyzing things clearly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-13 14:11:25 | LL | sell | $31.430 | short |
2015-03-13 14:29:43 | LL | buy | $31.750 | 0 |
Same thing happened to me. I got spiked out by 1 penny. I did re enter at the next bear flag.
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Shame about the stop out here. So close to being a good trade