Cut my losses quickly when it doesn't continue down trending. Always respect the trend and your risk. First and foremost, I shouldn't be trading this setup because it is not wat I am familiar too. I am good at shorting gap up parabolic, not morning washout.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-27 09:42:09 | MOMO | sell | $32.503 | short |
2017-03-27 09:43:35 | MOMO | sell | $32.420 | short |
2017-03-27 09:55:12 | MOMO | buy | $32.670 | short |
2017-03-27 09:57:21 | MOMO | buy | $32.755 | 0 |
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