This opened strong, which I assumed to be short covering. When there were a couple of big red candles, I put on a short. I got stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-26 09:46:00 | CTSH | sell | $61.860 | short |
2013-04-26 09:48:00 | CTSH | buy | $61.970 | 0 |
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No setup here. Remember your classes! There is no spot in our coursework that says Setup: couple big red candles so i short