Shared by
ckz_paper
Attempted intraday short breakdown, but anticipated it and used a falling 20sma and price resistance as a stop. Unfortunately it didn't work. Need to remember not to anticipate this type of trade, or if I do, to short RIGHT at the 20sma or make sure I see how it behaves around that area so that I don't get stock when it squeezes and pushes above the moving average. Overall not a terrible trade, but lost $80.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-08-09 12:43:56 | WIN | sell | $9.150 | short |
| 2012-08-09 12:55:31 | WIN | buy | $9.230 | 0 |
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