-Recap: Again, a result of too many names I was watching. 52-wk lows Earnings breakdown right at the $25-mark. Had been watching for an ORB short, but looked away and saw had gone after I looked back. Jumped in and realized how far off the low of day I was so covered. Good cover, but sucks seeing how good of a move it made. Put this on watchlist right before market open from MB's list, so just need to narrow my list down sooner.
-Pros: Daily setup.
-Improve: Narrow watchlist sooner.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-24 09:41:06 | CAR | sell | $24.640 | short |
2016-02-24 09:41:56 | CAR | buy | $24.580 | 0 |
Thanks. Yeah, I think over the long run, exits like these will keep me out of trouble.
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Yes, a small chase. And one of MY reasons2exit is if I'm simply not comfortable for some reason. On this trade, it cost you. But over the long haul I bet it saves you.