Shared by
ckz8780
Another chased entry. I had originally planned on shorting this at $26.70 but since it gapped up and was down nearly $1/share from the open I decided shorting it there was a bad idea. I then missed the $26.50 entry AND the 26.20 entry so I chased it at $26.00, now 70 cents below where I originally wanted to short. Because of the emotional feeling of chasing it 70 cents I covered too quickly, and then re-entered lower after I felt like I was missing out. This is a theme I've seen in my trading all week and it really needs to be fixed! Though I made money on this trade it could have been a $1000 trade instead of a $200 trade!
1000 shares
+$208.92 (0.97%, 0.47%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-10-18 10:23:27 | CLDX | sell | $26.000 | short |
| 2013-10-18 10:25:21 | CLDX | buy | $25.740 | short |
| 2013-10-18 10:36:56 | CLDX | buy | $25.878 | 0 |
| 2013-10-18 11:05:01 | CLDX | sell | $25.610 | short |
| 2013-10-18 11:05:01 | CLDX | sell | $25.610 | short |
| 2013-10-18 11:32:40 | CLDX | buy | $25.490 | short |
| 2013-10-18 11:34:35 | CLDX | buy | $25.639 | short |
| 2013-10-18 11:34:35 | CLDX | buy | $25.639 | 0 |
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