bought on pullback to VWAP support and moved my stop up as it started up but It stalled and dropped below VWAP. And I stopped out
target was $7.21 which would have only been $25 profit. not enough profit to be worth the trade. I was in a frenzy for any sort of winner at this time due to some issues with QUNR this day. If I took the time to calculate this out in my head I would have never taken this trade or I would have thrown more volume at the order since it was a 4 to 1 R2R.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-05 10:07:00 | ANTH | sell | $7.070 | short |
2015-06-05 11:56:00 | ANTH | buy | $6.960 | 0 |
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