Ended up chasing this -
SM had a big down day the previous day and I was trying to play the green to red on intraday.Ideal entry would've been when it cracked the trendline and the 9 ema but I chased this hoping for a flush to VWAP which didnt come.More pos. size also didnt help.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-09 13:17:43 | SM | sell | $16.335 | short |
2016-03-09 13:30:32 | SM | buy | $16.330 | 0 |
2016-03-09 13:53:29 | SM | sell | $16.120 | short |
2016-03-09 14:00:17 | SM | buy | $16.280 | 0 |
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