FTR gapped down this morning and was a textbook breakdown off the open; I watched the tape and waited for $16 to break before getting short on the $16 retest. Entered at 16.15 and had a stop at 16.35 to give this room to work; the breakdown ensued and I took partials on the first washout then the rest at the next leg down. Ultimately had no reason to cover the entire position and even could've/should've have been adding back to my position instead, but either way will know better next time
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-08-03 09:44:57 | FTR | sell | $16.150 | short |
2017-08-03 09:54:53 | FTR | buy | $15.840 | short |
2017-08-03 10:00:21 | FTR | buy | $15.490 | short |
2017-08-03 10:02:28 | FTR | buy | $15.570 | 0 |
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