Shared by
mick9800_BOWS
i was originally looking to short this one under 40.77 as it had tripe tapped that area and the moving averages were pushing it down nicely. Did not play the break of 40.77 as i was a chicken.
Stock was bear flagging at the 40 mark and decided to go short here but the break did not hold and covered at 40.20.
Went back again for more punishment when it could not break the 50ma and was bear flagging but had to cover this one also.
I have to put both these trades down to the fact that i was p1$$ed at missing the first break of 40.77.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-03 14:21:00 | YY | sell | $40.004 | short |
| 2013-09-03 14:39:00 | YY | buy | $40.205 | 0 |
| 2013-09-03 15:36:03 | YY | sell | $40.207 | short |
| 2013-09-03 15:39:44 | YY | buy | $40.420 | 0 |
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Yep $40.77 break was the spot. "Scared money dont make no money!"