I had tried to short earlier using 18 as risk but I had shorted into weakness and therefore covered emotionally when it showed sign of strength - bad trade.
I tried again to short 18 but had to cover as it was strong.
What's important here is that I flipped the next trade, knowing that I was wrong twice shorting a powerful stock. I learned my lesson by paying 2 small losses. I should add big when my theory is confirmed wrong.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-17 10:50:34 | RAX | sell | $17.960 | short |
2016-02-17 10:53:15 | RAX | buy | $18.350 | 0 |
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