This stock had been downtrending and now it was gapping up pre-market on a PR. I figured it would fade at the open and I shorted with the stop above HOD right at the open. The first candle was red, but then started going up instead. My position size was a little large, but overall -1.3R loss.
Stop was 0.48 from entry. Actual exit was 0.61 from entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-02 09:31:56 | WYNN | sell | $54.970 | short |
2015-10-02 09:34:14 | WYNN | buy | $55.580 | 0 |
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