Setup (intraday): Bear flag
Setup (daily): 2nd Day Continuation
Stop: 68.60
Reason for taking trade: Market was weak, vwap acted as resistance. Low risk
Concerns:
Mistakes:
Anticipation/Confirmation: Anticipation
Market above or below 50 MA: Below
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-11-01 12:49:50 | AKAM | sell | $68.470 | short |
2016-11-01 13:36:23 | AKAM | buy | $68.100 | short |
2016-11-01 13:43:51 | AKAM | buy | $68.000 | 0 |
ghughes that is a good question. One of my biggest problems is covering/selling last shares pre maturely. Really need to follow my reasons to sell/cover better for last shares.
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Nice trade! Why'd you sell where you did? Why not wait till high .80s / low .90s (LOD area)?