Loss
I took 400 shares which means my stop would've been 6 cents away. Stop was actually 0.14 cents away. When the stock didn't flush right away, I thought it would come up to price support/VWAP in the $7.14-$7.17 area and then flush. It didn't happen. I got out when the price went through VWAP and I lost 0.28 cents when I should've lost 0.06 cents.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-25 09:40:00 | PIR | sell | $6.970 | short |
2015-09-25 09:49:00 | PIR | buy | $7.250 | 0 |
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