-1.0R - The daily chart is obviously bearish - I entered as this range was failing on the 5-min chart and I was 2 pennies from my first cover spot when it reversed. Then the bounce was on light volume so I was thinking we'd head lower again, but it never happened and I end up taking a $100 loss on a stock I was up $120 on. Very frustrating.
-$104
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-03 10:43:40 | MS | sell | $23.980 | short |
2013-07-03 11:52:57 | MS | buy | $24.110 | 0 |
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aah perfect entry just didnt work