Shared by
nugrahaa
Thinking of flag break down point of 3.59 and make Short entry at 3.55 for 2000 shares. After 15 mins, i started to see 3.55 price seems to form a strong support. Before got chance to Cover at 3.55, price is moving up to stop loss 3.59.
P/L -80
Lesson learned: Wait too long (more than 10 mins) hoping the price move. Must decide to let go position if price did not move. This way there is chance to Sell/Cover at entry point.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-09 10:08:41 | UNIS | sell | $3.550 | short |
| 2013-09-09 10:27:05 | UNIS | buy | $3.590 | 0 |
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