Shared by
NomadicTrader
Shorted when stock turned under 9EMA. Great entry since there was a downtrend line forming. Made the greedy decision that the stock was going to close the morning gap. Failed to take some profits at LOD and mitigate the risk of the double bottom. It was a double bottom. So took a small loss instead of having a small gain. $250 shift. Failed to capitalize on the trendline break too. Not happy about this trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-17 10:23:20 | ZUMZ | sell | $15.450 | short |
| 2015-09-17 10:37:57 | ZUMZ | buy | $15.510 | 0 |
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