Shared by
ramentrades
Did not break support. So I covered for a small loss. Reshorted again but the stock is still strong. On the bright side, I am getting better at spotting as it started to grind back up. Covered for a loss again.
The lesson here is to wait till it shows sign of weakness. I shouldn't have shorted the first day spike as well.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-02-09 13:37:07 | CLF | sell | $10.961 | short |
| 2017-02-09 13:37:35 | CLF | sell | $10.940 | short |
| 2017-02-09 13:38:06 | CLF | sell | $10.941 | short |
| 2017-02-09 13:41:06 | CLF | sell | $10.920 | short |
| 2017-02-09 13:47:48 | CLF | buy | $11.025 | short |
| 2017-02-09 13:48:58 | CLF | buy | $11.040 | 0 |
| 2017-02-09 14:24:16 | CLF | sell | $11.090 | short |
| 2017-02-09 14:29:15 | CLF | sell | $11.061 | short |
| 2017-02-09 14:36:15 | CLF | buy | $11.130 | 0 |
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