Setup - Didn't think it was gonna break above highs so I shorted it. Ended up trading my hopes and dream so I didnt get out. When I got out I saw a flag so I went long. Decided to play a game of chess on my phone while I was waiting for it to develop and missed my exit.
Lesson - Don't multitask when trading and use hard stops.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-24 09:49:29 | AEZS | sell | $14.000 | short |
2015-11-24 09:49:29 | AEZS | sell | $14.000 | short |
2015-11-24 09:54:44 | AEZS | buy | $14.790 | short |
2015-11-24 09:54:44 | AEZS | buy | $14.790 | 0 |
2015-11-24 09:55:10 | AEZS | buy | $14.570 | long |
2015-11-24 09:55:10 | AEZS | buy | $14.589 | long |
2015-11-24 10:12:09 | AEZS | sell | $13.660 | 0 |
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Looks like you shorted a strong bull flag. Guessing direction rather than playing setups was why I blew up my first account.