Play: BEAR FLAG
Stock put in a lower high, was extended for the type of news, started breaking down, and was sitting on support. Thought if this cracked, it could flush. It had some follow through but spread kept opening up and i didn't like how long it took for it to break down so covered flat. Left money on the table obviously.
Reasons to sell: took too long, spread
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-09 13:15:47 | VTAE | sell | $14.400 | short |
2015-09-09 13:18:11 | VTAE | buy | $14.400 | 0 |
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it happens if thats the case dont trade it at all rather then getin u can tell there is a spread before u getin