Tried to catch a parabolic short intraday but it had too much momentum. I thought it would roll over under $30 since it was on the third day of a dead cat bounce on the daily but it didn't so I cut it above $30 for an $84.00 loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-12-28 10:16:15 | HLF | sell | $29.820 | short |
2012-12-28 10:20:06 | HLF | buy | $30.100 | short |
2012-12-28 10:20:06 | HLF | buy | $30.100 | 0 |
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kinda crazy we are both playing the same thing about the same time in opposite directions.