Shared by
cash7177_BOWS
I suck at trading, So ive been using very small shares to learn how to short. I chose my entry because the stock failed to break past HOD. I then saw a bear flag with MAS coming down as a sandwich. I entered the trade at a pretty opportune time. It made the move I expected, I chose not to cover because I guess I was expecting a bigger move to the downside. I am still learning how to cover shorts. They seem to rebound so much quicker than longing a stock. Anyways. the stock continued to squeeze so I marketed my shares.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-12 13:50:09 | SDRL | sell | $14.600 | short |
| 2015-05-12 13:50:09 | SDRL | sell | $14.600 | short |
| 2015-05-12 13:50:09 | SDRL | sell | $14.600 | short |
| 2015-05-12 14:24:48 | SDRL | buy | $14.595 | 0 |
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