Shared by
ToqueX
Grade=D
The setup: bounce or "pop" on a stock on the way down.
THe entry: not bad for the setup I was going for. I can see now I rushed it a little, but it wasn't a bad call.
So what happened?: I got a few cents out of it, but the big move had happened and price, at least for the time being had been discovered and it wasn't doing much. I scaled out at the bottom of the range and got stopped out of the rest with my tightened stop. Good for one high-end Taiwanese lunchbox.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-23 10:48:56 | ENZN | sell | $1.660 | short |
| 2015-04-23 10:48:57 | ENZN | sell | $1.660 | short |
| 2015-04-23 10:48:58 | ENZN | sell | $1.660 | short |
| 2015-04-23 11:12:01 | ENZN | buy | $1.620 | short |
| 2015-04-23 11:32:00 | ENZN | buy | $1.650 | 0 |
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