This was an absolute fluke.
I shorted on a bounce off the 9ema on the 15min chart as it broke the trendline.
As the price started to climb I thought I had made a bad decision. I altered the stop to reverse the trade but in fact it reversed the order instead and turned my order from a but stop to a sell at market order which double me up.
When I realised what happened the price had dropped a few cents to I put in a new stop just above the high of the move.
And then the price went down!!
Oh well, sometimes things do work out in your favour, so I just played the trade as if nothing untoward had happened.
Turned into a nice profit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-19 13:58:00 | OLED | sell | $44.640 | short |
2015-03-19 14:17:00 | OLED | sell | $44.860 | short |
2015-03-19 15:14:00 | OLED | buy | $44.450 | short |
2015-03-19 15:17:00 | OLED | buy | $44.160 | 0 |
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