I had been watching this since yesterday with a short bias as it was extended, overbought and it had put in a weak candle the day prior. I didn't feel confident in taking the trade at the open but I continued to watch throughout the morning. I shorted this on a bear flag after Trump press conference hit biotechs and it flushed $4. I could have taken a better exit. I entered this stock to try to make back some of my loss from earlier in the day. I had already hit my max loss for the day. I need to stick to my rules better.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-11 11:56:11 | INCY | sell | $115.990 | short |
2017-01-11 12:31:57 | INCY | buy | $114.920 | 0 |
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