Thought this one was going to pull back, but noticed quickly like it was about to go, so took it off for scratch. At that time was feeling like I was starting to force trades, so I turned off the computers and called it the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-01 14:11:05 | ZIOP | sell | $9.260 | short |
2015-05-01 14:11:05 | ZIOP | sell | $9.260 | short |
2015-05-01 14:11:05 | ZIOP | sell | $9.260 | short |
2015-05-01 14:11:05 | ZIOP | sell | $9.260 | short |
2015-05-01 14:21:48 | ZIOP | buy | $9.260 | short |
2015-05-01 14:22:13 | ZIOP | buy | $9.260 | short |
2015-05-01 14:22:13 | ZIOP | buy | $9.260 | short |
2015-05-01 14:22:13 | ZIOP | buy | $9.260 | short |
2015-05-01 14:22:15 | ZIOP | buy | $9.260 | 0 |
Yes, that's true. Should have drawn that resistance line as the trading day was progressing, so when I revisited ZIOP I would have noticed it immediately. Guess my eyes were too fixed on the two minute chart instead of the five.
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not bad! you could have gotten it a little lower and been better off. That 9.1 spot was pretty obvious! http://screencast.com/t/LvlHNPpE