Shared by
jakobe86
Was looking at previous support level from mid June of around 23~. If it cracked below that it'd run down. And it did. Missed the first crack. Waited for a bounce, got it and took a position near the top of a candle. Kind of risky. Didn't have a stop in place above previous level of support the 23~ range.
Stock flushed out. Got impatience and ended up covering out my position too early. Need to let it follow through to maximize profits.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-07-26 09:53:59 | STRP | sell | $22.160 | short |
| 2016-07-26 10:22:08 | STRP | buy | $21.180 | short |
| 2016-07-26 10:30:38 | STRP | buy | $20.940 | short |
| 2016-07-26 10:33:37 | STRP | buy | $20.680 | 0 |
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