Grade=C-
The setup: bear flag
The result: A small gain before getting stopped out just below my short entry
The lesson: This wasn't too bad. I left a good chunk of this move on the table because I was conservative with my stop adjustment to just below my entry price. After getting stopped out a few minutes earlier, I wanted to ensure this gave me some profits at least. Experience will allow this to happen less often and I can be more confident with my trading when more of my sketchy trades are eliminated.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-08 10:34:41 | UA | sell | $81.420 | short |
2015-06-08 10:34:41 | UA | sell | $81.420 | short |
2015-06-08 10:42:48 | UA | buy | $81.310 | short |
2015-06-08 10:43:47 | UA | buy | $81.390 | 0 |
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