I was just recently stopped out on a short so then I saw it flagging and thought hey it must be long then. This is the wrong mindset. Just because a stock didn't work out as a short does not mean it is automatically a long. The stock was flagging and I bought in anticipation of the trend line break. Not really my style of trading but I took the trade anyway, which was a mistake.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-22 12:11:31 | RHT | buy | $70.106 | long |
2016-12-22 12:20:39 | RHT | sell | $69.900 | 0 |
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