Shared by
James_BOWSsim
This stock was at resistance on the daily and was looking for a fade/ short intraday setup. Began shorting as it pulled back into the EMA's riding on top. This stock had very low volume and I could feel it was a real grinder after a while. I was stopped out by almost 2 pennies. Otherwise it would have been a winner. I tried setting farther stops today, but as this one dragged on, and i had added some more shares, I had to reduce my risk to 35.34. That's where I was stopped out but got filled the candle after thankfully for a smaller loss. Stay away from the dusty stocks.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-25 11:05:27 | SHAK | sell | $34.940 | short |
| 2016-01-25 11:07:40 | SHAK | sell | $35.170 | short |
| 2016-01-25 11:07:40 | SHAK | sell | $35.170 | short |
| 2016-01-25 11:12:26 | SHAK | sell | $35.140 | short |
| 2016-01-25 11:40:43 | SHAK | sell | $35.100 | short |
| 2016-01-25 11:45:58 | SHAK | sell | $35.100 | short |
| 2016-01-25 11:55:07 | SHAK | buy | $35.210 | short |
| 2016-01-25 11:55:07 | SHAK | buy | $35.220 | short |
| 2016-01-25 11:55:58 | SHAK | buy | $35.230 | 0 |
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