This was a bull flag. The stock was under my open price for a while. I should have closed it out when the profit came down to zero. I also should have set my stop price at zero. At a certain point it bounced and took out my stop.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-30 11:07:00 | KMX | sell | $45.990 | short |
2013-04-30 11:30:00 | KMX | buy | $46.070 | 0 |
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