Had this on my list for a rubberband short. Once it started to trend down I shorted it. I sold half when it started to reverse. My next half should have been stopped out at my buy price but I held because the EMA was close by and I was anticipating a bounce.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-23 09:36:51 | CSX | sell | $29.650 | short |
2015-11-23 09:40:14 | CSX | buy | $29.550 | short |
2015-11-23 10:06:02 | CSX | buy | $29.429 | 0 |
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good good dont put ur stop at buyprice if there is a better resitance near by as it will be a magnet.