I chased it short on the open, then it reversed hard. I have some changes to my trading plan due to me taking these kind of BS plays, pending this weekend rewrite.
Of note, today was the day TASR reversed and I should have made money. Instead, I have two losing trades and this one was way over my loss limit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-28 09:32:11 | TASR | sell | $11.240 | short |
2013-08-28 09:38:23 | TASR | buy | $11.550 | 0 |
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As you said it, you chased it way to much Oliver and there was no setup there intraday at your entry being the first candle of the day. There were few nice short setups during the day later on though.
But hey, BS like this happens to all of us so don't worry mate!