Plan pre market was to get short on any push to $10. Was looking for that blow off top since it was opening outside of the BBands. So got short right out of the gate on that first push and got stopped for about a $100 initial loss. Next resistance level was in the 10.50 - 11 range so I hit it again, scaling in and had about 2k shares at about a 10.25 avg. Wanted to get more shares but the spread was pretty wide. Anyway, took a nice $576 win on it but it really wasn't that great of a trade seeing it drop all the way to the $8.80s. Gotta learn to let the winners run. Probably the area I need most work on right now.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-06 09:32:11 | DRWI | sell | $9.903 | short |
2016-04-06 09:33:10 | DRWI | buy | $10.090 | 0 |
2016-04-06 09:33:42 | DRWI | sell | $9.628 | short |
2016-04-06 09:38:17 | DRWI | sell | $10.214 | short |
2016-04-06 09:41:43 | DRWI | sell | $10.550 | short |
2016-04-06 09:53:43 | DRWI | buy | $10.040 | short |
2016-04-06 09:54:32 | DRWI | buy | $9.761 | 0 |
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