Idea was correct but execution was poor. Same error occurred where I should have waited for price to curl up a bit more and start to round on the 2 min chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-19 11:12:50 | GNCA | sell | $5.270 | short |
2015-10-19 11:52:02 | GNCA | buy | $5.300 | 0 |
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