Shared by
James_BOWSsim
This trade was really messed up, and it makes me question myself in more ways than one. Shorted this stock when EMA's were rolling over. I got all panicky since it didn't really move in 3 candles and sold it. But it didn't work, so I sold it again. Then I remembered I had shorted and now had 3x the position size!
The stock started to work against me at that moment, and I covered all 1,200 shares for a loss of only ~$10. The real sad part is when it tanked five minutes later!!! I need to be patient and give the setups time to play themselves out. Still already made my $$ on this stock earlier, but it was a noob mistake.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-07 11:49:25 | WLL | sell | $7.942 | short |
| 2016-01-07 11:49:25 | WLL | sell | $7.940 | short |
| 2016-01-07 11:49:25 | WLL | sell | $7.940 | short |
| 2016-01-07 12:15:11 | WLL | sell | $7.820 | short |
| 2016-01-07 12:15:11 | WLL | sell | $7.820 | short |
| 2016-01-07 12:15:11 | WLL | sell | $7.820 | short |
| 2016-01-07 12:15:11 | WLL | sell | $7.820 | short |
| 2016-01-07 12:15:57 | WLL | sell | $7.889 | short |
| 2016-01-07 12:15:57 | WLL | sell | $7.885 | short |
| 2016-01-07 12:15:57 | WLL | sell | $7.887 | short |
| 2016-01-07 12:15:57 | WLL | sell | $7.888 | short |
| 2016-01-07 12:17:13 | WLL | buy | $7.892 | short |
| 2016-01-07 12:17:13 | WLL | buy | $7.892 | short |
| 2016-01-07 12:17:13 | WLL | buy | $7.895 | short |
| 2016-01-07 12:19:52 | WLL | buy | $7.885 | short |
| 2016-01-07 12:19:53 | WLL | buy | $7.884 | 0 |
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