I shorted into the bear flag. Probably reached a little. My stop was 48.60. Target was 47.8.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-13 13:22:15 | APC | sell | $48.270 | short |
2016-05-13 13:38:09 | APC | buy | $48.100 | short |
2016-05-13 13:41:11 | APC | buy | $48.000 | short |
2016-05-13 13:45:08 | APC | buy | $47.900 | 0 |
Goes back to my trading scared. I was fairly confident with a short on the name but not reaching would have given me a better R/R. Thanks for the comment.
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First a chase (reason to enter/setup?) with low R/R and then unclear cover reasons. I'm not saying you didn't have them.. just that they're unclear.