This trade was a lack of patience and conviction. It was too choppy when I took both trades. The second trade was anticipating a drop from the VWAP. It shot up above and then right back down but I stopped out before that. I need to stop anticipating and just wait for the lower high.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-14 11:35:38 | UVXY | sell | $15.640 | short |
2016-06-14 11:36:15 | UVXY | buy | $15.590 | 0 |
2016-06-14 11:55:09 | UVXY | sell | $15.890 | short |
2016-06-14 11:56:11 | UVXY | buy | $16.000 | 0 |
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