Initially had a nice $700ish gain on this one but overstayed my welcome being too patient and turned it into a loss. Lesson to be learned here is cut losses sooner. Plenty of signs I should have got out sooner like: Test and break green, VWAP bounce, higher lows, etc. Remeber: $500 loss is better than $800 loss :)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-11 10:06:00 | CRBP | sell | $9.640 | short |
2016-10-11 10:18:00 | CRBP | sell | $9.580 | short |
2016-10-11 10:44:00 | CRBP | sell | $9.530 | short |
2016-10-11 12:19:00 | CRBP | buy | $9.850 | 0 |
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