Play: Swing bottom play
IWM was extended to the down side, played the bounce. It worked well so scaled out some in case it would gap down and didn't have follow through. Went super small as this is my first swing trade ever. It gapped under support, wanted to see if we were going to bounce but no go so got out.
Reasons to sell:decrease risk
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-19 15:17:47 | TNA | buy | $41.700 | long |
2016-01-19 15:26:10 | TNA | sell | $42.280 | long |
2016-01-19 15:29:27 | TNA | sell | $42.660 | long |
2016-01-20 09:36:38 | TNA | sell | $40.250 | 0 |
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