Happy Birthday to me. I realised late today that yesterday & this morning I was doing the wrong calculations for share size. I tok the $200 (2% of my portfolio) and divided it by the entry price of the stock, instead of dividing it by the difference between my entry and my stop price, hence I only took 10 shares of this.
Took this trade cuz it was an after market mover yesterday. No daily chart setup. Thought it was going to continue its downtrend but it didn't so I got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-03 09:56:24 | CTRP | sell | $43.590 | short |
2016-05-03 10:08:28 | CTRP | buy | $43.600 | 0 |
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