Shared by
ckz8780
I misread the chart here. This was an intraday short breakdown at (I thought) $3.36, but I missed the low of $3.33 a few minutes before. So when it broke through to $3.34 I thought it was breaking the low but it wasn't. Anyway, I should have shorted this at $3.75 when I was watching it before, or not at all. $3.36 was not a good breakdown, regardless since the stock was already down over 60%.
Lost $100.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-12-04 11:49:02 | UEPS | sell | $3.370 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | short |
| 2012-12-04 12:00:48 | UEPS | buy | $3.470 | 0 |
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