Shared by
EvanTepper_BOWS
I went short as this was a breakout from earlier that broke below MAs and then bear-flagged back into them. I'm happy with this losing trade. The reason is that when my initial reason for entry was no longer valid, I took the loss instead of waiting for my initial stop to be hit.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-13 12:33:56 | EBIX | sell | $29.320 | short |
| 2015-03-13 12:33:56 | EBIX | sell | $29.320 | short |
| 2015-03-13 12:33:56 | EBIX | sell | $29.320 | short |
| 2015-03-13 13:29:41 | EBIX | buy | $29.410 | short |
| 2015-03-13 13:31:04 | EBIX | buy | $29.424 | short |
| 2015-03-13 13:32:10 | EBIX | buy | $29.426 | 0 |
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