CPE was on my watchlist for a Rubberband short. Missed the initial breakdown at opening. Shorted stock at $7.15 when it was about to break an intraday bear flag. Made a data entry error when placing my Stop. Meant to set it at $7.24 but instead set it to $7.14 and got stopped out before I noticed my mistake. Note to myself: always double-check my data entry before hitting the "SEND" button.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-21 11:18:43 | CPE | sell | $7.150 | short |
2013-10-21 11:18:43 | CPE | sell | $7.140 | short |
2013-10-21 11:18:43 | CPE | sell | $7.150 | short |
2013-10-21 11:18:43 | CPE | sell | $7.150 | short |
2013-10-21 11:18:44 | CPE | sell | $7.150 | short |
2013-10-21 11:18:45 | CPE | sell | $7.150 | short |
2013-10-21 11:18:45 | CPE | sell | $7.150 | short |
2013-10-21 11:20:18 | CPE | buy | $7.145 | short |
2013-10-21 11:20:25 | CPE | buy | $7.150 | short |
2013-10-21 11:20:30 | CPE | buy | $7.140 | short |
2013-10-21 11:20:39 | CPE | buy | $7.140 | short |
2013-10-21 11:20:39 | CPE | buy | $7.140 | 0 |
I love it when we learn these lessons - but too bad we learn them the hard way. Good thing you didn't make a BIG error, that wasn't bad at all.
u had it! get back in!
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Its hard but if click the wrong button, get back in if setup is still valid. That was a great short entry.