Shared by
SeanSalazar_BOWS
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-09-30 11:53:51 | BMRN | sell | $103.645 | short |
| 2015-09-30 11:53:51 | BMRN | sell | $103.712 | short |
| 2015-09-30 12:12:58 | BMRN | buy | $103.620 | 0 |
Comments
SeanSalazar_BOWS
2015-09-30 21:32:35
Hey Ben, I really appreciate your reviews. I never knew that. I got out because I really didnt like the price action I was seeing and felt buyers remorse because I asked myself... why did I take this trade? I had no good reasons so I went with my gut and bailed. You are 100% correct the next candle would have taken me out, and then it would have cracked and I would probably would have been pretty pissed. The better entry probably would've been that shooting star but still there's not much reward there $1-$1.25 per share if perfectly played...
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Really hard to short something that's on the first day of a relief bounce after being really beat up. I see your intraday setup and if you didn't cover where you did you probably would've gotten stopped out on the next candle anyway.Why did you cover there though when it hadn't really broken back over resistance yet?