Lost on this thing long twice just prior to this trade.... I should have held it longer, but made my losses back and decided that was enough (that's never enough!) Basically didn't have the mental capital for this one since i got burned earlier.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-28 11:25:59 | AMZN | sell | $507.850 | short |
2015-09-28 11:37:51 | AMZN | buy | $505.320 | 0 |
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Its easier mentally to cash out at even after you incur an uncomfortable drawdown. I've found setting trailing stops can help me "stay in the trade"