This trades points out one of my weeknesses, LET YOUR WINNERS RIDE!!! I clearly sold this early and it didn't violate my stop either. I could have made another .30 cents on this short.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-18 13:43:42 | YRCW | sell | $8.930 | short |
2013-03-18 13:43:44 | YRCW | sell | $8.930 | short |
2013-03-18 13:53:58 | YRCW | buy | $8.870 | short |
2013-03-18 13:53:58 | YRCW | buy | $8.870 | short |
2013-03-18 13:53:58 | YRCW | buy | $8.860 | short |
2013-03-18 14:04:36 | YRCW | buy | $8.880 | 0 |
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oooh serioulsy u had a great entry in this. thats good setup. great job. u just got to remember its a thin stock with a spread so you need to play it smaller in szie and give it more leash/ then ride it down. see this stopck didnt even get back over that vwap