Grade=D
The setup: reversal/fade
The result: I decided to fade this as the SPY was doing something similar. Got a tiny move, took some off, but then things kept moving up, and this ended up with a small loss after commissions.
Low probability trade and I was picking a top. Not a good idea for me.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-17 11:21:43 | AAPL | sell | $117.160 | short |
2015-08-17 11:30:10 | AAPL | buy | $117.040 | short |
2015-08-17 11:35:01 | AAPL | buy | $117.200 | 0 |
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