Shared by
RPB3
Very stupid trade, did not follow any plan. Also used too much size. Stock was up for many days and starting to go para. Looked like a gap and fail. It tested 5.05 twice and on the third time it broke through. I missed that entry and waited for a spike to get in. No set up at all here. In hindsight, that was a double bottom at $5. Need better discipline to only trade my set ups.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-08-30 09:49:16 | GNW | sell | $5.050 | short |
| 2016-08-30 10:06:06 | GNW | buy | $5.120 | 0 |
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