FIT Trade on Jan 21, 2016 11:06 from ToqueX: Tradervue User Stock Trades.

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Grade=D
P/L= -0.7R

Entry: short the bounce. I had a short bias and shorted the pop.

Result: Stopped out, or rather I jumped out just before my stop when I realized the error of my ways. The main problem was my short bias, because it was actually a decent level for a short entry.

Lesson: I shouldn't have been short biased after looking at the higher high put in on the 5m and 2m charts. That would negate this trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-01-21 11:06:24	FIT	sell	$17.930	short
2016-01-21 11:08:50	FIT	buy	$18.077	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FIT&trade=4147322&end=20160220&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FIT&trade=4147322&end=20160121160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FIT&trade=4147322&end=20160121133850&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=FIT&trade=4147322&end=20160121113750&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

FIT Trade on Jan 21, 2016 11:06 from ToqueX: Tradervue User Stock Trades.

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