Shared by
GJ_Trades
$CNET went higher and I waited for another rejection. $3.80 rejected under a big volume increase.
Shorted $3.50, willing to add at $3.75 and a STP above $3.80 ($3.91).
--> My first entry had too much size/ my second short wouldn't have had more!
--> My lines were way too far apart from each other and my last add was way too far away from my STP!
--> The thesis behind the trade was totally fine.
I covered into the wash.
--> perfect! No greed!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-08 09:46:14 | CNET | sell | $3.520 | short |
| 2021-01-08 09:49:48 | CNET | buy | $3.280 | 0 |
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