intraday flag breakdown...shorted on breakdown of flag at 4.90, it flagged for awhile then had a small flush, got scared when it bounced back to my short price and covered it up, didn't have a good reason to cover just scared myself out of it, ended up flushing .14 from my initial entry, bad trade management
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-13 12:48:32 | WFR | sell | $4.840 | short |
2013-03-13 13:44:54 | WFR | buy | $4.840 | 0 |
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not bad.. 4.50 is major support anyways so a bounce could come out of nowhere..being tight is good in this instance..