Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-15 14:33:47 | AAP | sell | $162.100 | short |
2015-12-15 14:36:29 | AAP | buy | $160.540 | short |
2015-12-15 14:42:04 | AAP | buy | $159.150 | short |
2015-12-15 14:44:41 | AAP | buy | $157.850 | 0 |
I had a gut feeling it would reject the 200dma at 165! So much of this type of trading is just your gut ... it takes a long time to develop it. Unfortunately I can't really explain well what I saw or why I picked that price ... I just had a feeling!
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What made you go short on the front side of the move? I would have shorted at 162 on the lower high after confirmation. Thanks!