break even trade.....broke lod intraday....went a lil, then just gradually came back up to my entry. a no go!!!
75 shares....break even
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-24 12:09:40 | BRCM | sell | $26.950 | short |
2013-07-24 13:00:52 | BRCM | buy | $26.950 | 0 |
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Tough trade to manage when it gets this extended. You need to scale out. Take a bigger position and then scale out smaller chunks.
You had a great opportunity to take this short around 11:00AM. That's an extra 1%