Shared by
E-Money
3/22/18
DRI:
Gapped down, was looking to go short. Thought it was making an H-Pattern after failing to break $90 level.
10:00- Shorted 300 shares at $88.86, Stop loss was placed at $89.26.
10:01- Stopped out at $89.26, but should have placed stop loss above the pivot, which is more significant.
- Need to trade the pattern, not the P&L
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-03-22 10:00:23 | DRI | sell | $88.860 | short |
| 2018-03-22 10:01:55 | DRI | buy | $89.260 | 0 |
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