Tried to scalp closer to end of the day. Did not work out and took a small loss on 50 shares. I only shorted 50 shares because I was not sure of the trade. This was more watching my P/L for the day and I wanted to trade one more time to increase my P/L.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-23 14:55:37 | SVXY | buy | $62.330 | long |
2015-10-23 15:05:37 | SVXY | sell | $61.941 | 0 |
Yes, it just went under the 9ema. It was a low probability trade so I tried to limit my loss and only did 50 shares. Thanks.
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You bought a break of the 9ema to the downside which is break of support....