I got greedy and didn't take profits at that first spike, expecting it to go even lower. I exited entirely when price crossed above the 9ema and picked up some green volume.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-10 13:01:54 | ISIS | sell | $37.580 | short |
2013-12-10 13:01:54 | ISIS | sell | $37.580 | short |
2013-12-10 13:41:07 | ISIS | buy | $37.510 | short |
2013-12-10 13:41:07 | ISIS | buy | $37.480 | short |
2013-12-10 14:10:58 | ISIS | buy | $37.340 | 0 |
Micromanaged the trade. This was the day that I decided to switch look at the 10-min chart more often than the 5-min, and NEVER the 3-min. 3-min chart makes me too nervous.
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I see your entry but your covers were at resistance test.