Shared by
praveen_BOWS
Oil was tanking this day,and KMI was very overbought on the daily.I was looking for opportunities to short intraday but couldnt get a clean setup.I shorted it when it pulled back and started the crash again but didnt get a good entry and ended chasing it a little. Got stopped out for a small loss.
Right idea but bad execution overall.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-03-01 10:09:28 | KMI | sell | $18.040 | short |
| 2016-03-01 10:20:20 | KMI | buy | $17.940 | 0 |
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