Shorted almost at low of day just after getting stopped out of a long position and watched the price turn around and go against me again.
This was too impulsive.
I had already made too many trades today and was blindly hoping that if it didn't work out on the long side then it may work to the short side.
No recognizable position to place my stop and so I lost more than I should have allowed.
I did not even think of where to place the stop until after I was in the red and looking to save myself from taking too much of a battering.
Unfortunately even then I took a battering.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-22 10:24:05 | XON | sell | $43.660 | short |
2015-04-22 10:25:38 | XON | sell | $43.660 | short |
2015-04-22 10:49:55 | XON | buy | $44.120 | short |
2015-04-22 10:49:55 | XON | buy | $44.140 | 0 |
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