bonehead trade of the day.. had been beaten down all morning, after huge gap up on daily, chances of it cracking further were low as shorts had been loading up the whole way down and it hadnt put in a squeeze yet.. until i came in. 50/50 trade and i chose the wrong side.. 50/50 means stay away and no edge, i need to take 70/30s or greater.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-10 10:46:03 | SPHS | sell | $2.284 | short |
2015-11-10 10:51:48 | SPHS | buy | $2.520 | 0 |
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