Shared by
cwainscott_BOWS
Looked like it was bear flagging and I LOVE bear flags! Played this to the short side and scaled out along the way. Got out because I needed to wrap things up for the day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-02 12:55:00 | DWTI | sell | $117.640 | short |
| 2015-09-02 12:57:00 | DWTI | buy | $115.550 | short |
| 2015-09-02 13:21:00 | DWTI | buy | $113.010 | short |
| 2015-09-02 13:26:00 | DWTI | buy | $109.760 | 0 |
| 2015-09-02 14:08:00 | DWTI | sell | $112.190 | short |
| 2015-09-02 14:33:00 | DWTI | buy | $103.990 | short |
| 2015-09-02 14:37:00 | DWTI | buy | $104.850 | 0 |
Comments
cwainscott_BOWS
2015-09-04 16:13:39
I will usually do a $1 stop to give some wiggle room especially if I am up some for the day.
kunal00
2015-09-06 16:31:45
hehe good scaleouts
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Where did you set your stop for the $112.190 short? Seems like you gave it a bit of room and nicely capitalized on the fall. Very nicely done.