Covered as 9AM came around which is the time that I said I would cut myself off. This rule definitely bit me in the ass today. I took this short after the flag formation broke expecting a pull back as traders playing the flag formation and playing the trend would be selling out of their positions. Idea was great. Covered for 2c...it dropped 46c.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-14 12:08:16 | IMGN | sell | $17.100 | short |
2015-07-14 12:10:10 | IMGN | buy | $17.080 | 0 |
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