Took this short when it showed weakness right out of the gate. One mistake, didn't set a stop when I entered. Was loosely thinking 28 break and/or sign of strength.
Actually went to cover at 27.95 as it seemed like it was gathering steam, but accidentally bought another 500 shares. One of the few times a fat finger mistake turned out well! Covered 1/2 at the .57 mark after it slipped quite a bit. Was hoping for more downside for second 1/2, but never got it, so I played it safe and got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-22 09:40:00 | LINE | sell | $27.700 | short |
2013-07-22 09:40:00 | LINE | sell | $27.700 | short |
2013-07-22 09:40:00 | LINE | sell | $27.700 | short |
2013-07-22 10:17:00 | LINE | sell | $27.950 | short |
2013-07-22 10:17:00 | LINE | sell | $27.950 | short |
2013-07-22 10:17:00 | LINE | sell | $27.950 | short |
2013-07-22 11:45:00 | LINE | buy | $27.570 | short |
2013-07-22 12:07:00 | LINE | buy | $27.700 | short |
2013-07-22 12:07:00 | LINE | buy | $27.700 | short |
2013-07-22 12:07:00 | LINE | buy | $27.700 | short |
2013-07-22 12:07:00 | LINE | buy | $27.700 | short |
2013-07-22 12:07:00 | LINE | buy | $27.700 | 0 |
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okay, it was a mistake for your adds. thought you average down then it is really bad. Nice covers