I love this one.
This is a great example of why I shouldn't be shorting parabolics. It's a purely 50-50 guessing game scenario. No edge here. As long as I'm in account building mode, I have to put these plays on ignore.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-10-02 11:00:00 | GMCR | sell | $23.125 | short |
2012-10-02 11:06:00 | GMCR | buy | $23.590 | 0 |
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