Entered the trade when started bear flagging with MAs on top of it. Unfortunately did not go down as I expected and exited the trade with a loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-07 11:47:00 | OPXA | sell | $2.851 | short |
2013-08-07 11:48:00 | OPXA | sell | $2.860 | short |
2013-08-07 12:31:00 | OPXA | buy | $2.930 | short |
2013-08-07 12:31:00 | OPXA | buy | $2.930 | 0 |
I see what you mean Kunal, after taking so long to base I should have exited the trade sooner as well just like you said.
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yeah in hindsight it based so slong i should have covered right away and flipped it.. needed to work quicker i also didnt like my entry i felt i chased it a bit.