FCX gapped down premarket and I got a little too excited when I saw the daily chart because I jumped the gun and got short small size in anticipation of a breakdown at $14 where I would add into pops below 14. my stop was 14.31 as that was a level that FCX chopped at premarket before rolling over into the open. I was initially in the money on this as I saw the bids thinning out when I entered, but buyers began to step in so I stopped myself out for a 11 cent loss. As has been the case lately, and hindsight 20/20, I should have considered going long once that 11.31 level broke to the upside; overall small loss so nbd, can't be chasing like this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-08-02 09:29:59 | FCX | sell | $14.140 | short |
2017-08-02 09:56:22 | FCX | buy | $14.250 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!