Told myself to stay away from the short but shorted it anyway and got clipped. I deserved it. I'm actually glad that this didn't work out as it would have simply created a bad habit.
Don't short 1st day momentum. Wait for the backside of the move where the risk is reduced.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-05 13:16:58 | PTBI | sell | $5.980 | short |
2015-05-05 13:20:15 | PTBI | buy | $6.090 | 0 |
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