Tried to short this on the bear flag...As you can see while setting my Buy stop I hit limit by mistake and bought the stock at 12.39!!!! Then being angry at myself I tried to short it again, but this thing was not gonna flush. You can see all my emotions taking over in this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-02 09:46:04 | UVE | sell | $12.020 | short |
2013-12-02 10:07:53 | UVE | buy | $12.270 | short |
2013-12-02 10:07:53 | UVE | buy | $12.270 | 0 |
2013-12-02 10:10:27 | UVE | sell | $12.120 | short |
2013-12-02 10:21:17 | UVE | buy | $12.390 | short |
2013-12-02 10:21:38 | UVE | buy | $12.380 | short |
2013-12-02 10:21:38 | UVE | buy | $12.380 | short |
2013-12-02 10:21:38 | UVE | buy | $12.380 | 0 |
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I think there were plenty of us get sucked in because of being so heavily biased towards the snapback.