Shared by
James_BOWSsim
With oil raging hard yesterday and premarket today I was looking to short this puppy. Oil pulled back slightly at the open and I was in there short. I had a great entry, but again my exit was sooner than expected because I risked very little on this trade. Once I made my risk back I scaled out as the trend started a consolidation pattern. There are plenty of more shorts left in this stock as oil goes on this run.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-03-17 09:45:21 | DWTI | sell | $136.660 | short |
| 2016-03-17 09:45:23 | DWTI | sell | $136.650 | short |
| 2016-03-17 09:53:23 | DWTI | buy | $135.330 | short |
| 2016-03-17 10:00:24 | DWTI | buy | $134.590 | short |
| 2016-03-17 10:02:31 | DWTI | buy | $133.730 | short |
| 2016-03-17 10:07:11 | DWTI | buy | $133.965 | 0 |
Comments
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Man, you killed that entry! Just have too let them ride!