I knew this had a pullback coming and I entered a bit late with an OK entry. It was slooow going and I got bored and just took it off for pennies. The other thing against it is that the spread was sometimes flashing a large 5 to 10 cents - it was a waste of my time.
2016-03-18 12:18:42 Update. Just incredible how I can minimize my winning trades. I took this off for pennies because I was bored. It never hit my entry price again and is now trading at 29.50. A potential $90 win. This is one of those cases where I should have setup a hard stop and walked away for a while. Just unbelievable how I can reduce profits even on winning trades.
EOD update. LOD was $29.20. A big missed opp in a trade that should have been a bigger winner had I committed to my original trade idea and fully accepted the potential loss with a stop on $30.
I may need a new tag, "didn't follow plan"
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-18 10:46:05 | SWHC | sell | $29.940 | short |
2016-03-18 10:58:31 | SWHC | buy | $29.900 | short |
2016-03-18 10:58:31 | SWHC | buy | $29.900 | 0 |
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