25 cent risk for 50 cent gain
Stopped out once price couldn’t fall further and buyers came back in. The stock made a higher low and my mistake was reading it as a breakdown
Game Tape:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-18 09:56:30 | UVE | sell | $23.010 | short |
2015-11-18 09:57:58 | UVE | buy | $23.260 | 0 |
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