Shared by
WildThingTrading
Really stupid trade today. Kept nibbling at it thinking it would finally go my way but kept getting burned. I should know better since this stock always seems to get the better of me. Daily chart was not in my favor. I chased entry. I re-entered the trade into grinding conditions. Will avoid these types of trades in the future. The real opportunity was as it broke the low of the 1st candle at open but for some reason I didn't take that trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-10-05 09:46:00 | REN | sell | $28.210 | short |
| 2016-10-05 09:55:00 | REN | buy | $28.800 | 0 |
| 2016-10-05 10:03:00 | REN | sell | $28.410 | short |
| 2016-10-05 10:18:00 | REN | buy | $29.000 | 0 |
| 2016-10-05 10:46:00 | REN | sell | $28.650 | short |
| 2016-10-05 10:50:00 | REN | buy | $29.010 | 0 |
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