Again and again, I chased and shorted this at the bottom and had to cut my losses. The lesson I learnt from this is to ignore stocks with small range, and choppy charts.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-06 09:59:35 | WFT | sell | $6.151 | short |
2017-02-06 10:01:29 | WFT | sell | $6.132 | short |
2017-02-06 10:05:39 | WFT | buy | $6.170 | 0 |
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