This was a horrible trade. It was a textbook overextended short pattern but my rule states to short only when it goes red on the day. I shorted when it was still green and got stopped out.
As you can see once it dipped red at 36.10 it faded off beautifully from there.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-07 10:16:00 | AEGR | sell | $36.260 | short |
2013-03-07 10:29:00 | AEGR | buy | $36.500 | 0 |
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