had the perfect entry and didn't take profits quickly when I got a quick $.30/share. Held it and improperly moved my stop to my short price, when I should have left it at the top formed at 37.02. Sideways price action all day was perfect for the crack it had late day. I just got shook when it started to hold up and spiked to my short price.
Going forward we should be taking 1/2 off or even just take the quick scalp when playing this small of size. Also we'll be keeping
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-18 11:43:07 | AWAY | sell | $36.880 | short |
2013-11-18 13:18:42 | AWAY | buy | $36.880 | 0 |
Yeah mick that was such an emotional move in hindsight. Going forward though we've got the right idea.
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I did exactly the same trade. We really got stitched up by that single wick. It would have been a perfect trade only for that!