Revenge trade. This stock wasn't a short anymore! Lack of discipline there!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-12-22 13:37:51 | SOPA | sell | $17.450 | short |
2021-12-22 13:44:35 | SOPA | buy | $17.050 | 0 |
In the most general sense, I wait for a top I can risk of off and short back bounces risking a break of that level. The stuff of $18.50 gave me some sort of confirmation that the top was set.
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What are your criteria for a short setup?