Sim Day 25 This wasn't even on my watch for today. The others moved but not what I was hoping. Heard Fossil bad news and waited till it hit it's high.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-12 09:57:02 | FOSL | sell | $60.560 | short |
2015-08-12 09:57:02 | FOSL | sell | $60.580 | short |
2015-08-12 09:57:04 | FOSL | sell | $60.546 | short |
2015-08-12 09:58:31 | FOSL | buy | $60.268 | short |
2015-08-12 09:58:57 | FOSL | buy | $60.230 | short |
2015-08-12 09:59:14 | FOSL | buy | $60.120 | short |
2015-08-12 09:59:15 | FOSL | buy | $60.100 | short |
Yeah, it was definitely a pullback. Thanks for the review, how did you like the trade?
Well .. remember to align on multiple timeframes. No doubt the daily chart was saying to look for a short position and you did.. AND you made $$. But the Intraday had a different story. To me, it said "don't short before 62ish". :) I'd have left this one alone.
But then.. I wouldn't have made the money you did. hahaha
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Not sure what the setup is. Maybe a quick pullback buy (short)? But a Green-to-Red is a short trigger for a weak stock that opens green and then, usually in the first few minutes, goes red.