Gap down on the formation of a bear flag on the daily. Shorted when the second candle broke under the VWAP and turned red. Second half was stopped out just before the move. Maybe I should have waited until LOD to cover my first half? Then adjusted my risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-06-28 09:38:25 | NUGT | sell | $114.200 | short |
2016-06-28 09:40:20 | NUGT | buy | $113.380 | short |
2016-06-28 09:41:20 | NUGT | buy | $114.570 | 0 |
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