Grade=D
The setup: short the bounce
The result: Here I was picking a top. Nothing in the way of any confirmation. Waiting about 5-10m longer seems apropriate. I should know this by looking at the stock's previous pivoting behaviour on the 5m chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-20 10:56:15 | S | sell | $4.810 | short |
2015-08-20 10:56:30 | S | sell | $4.810 | short |
2015-08-20 11:03:41 | S | buy | $4.850 | short |
2015-08-20 11:03:41 | S | buy | $4.850 | 0 |
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