Short continuation. I jumped the gun on this one. Bottom line, I need a rule to keep me out of trades at 9:31am. They almost never work and if they do, there is almost always an opportunity to get into them later with less of a gamble. Also I oversized this a bit given my average risk and gains all weak, especially for a morning trade.
300 shares
-$170.76 (-1.09%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-12 09:31:25 | JOY | sell | $52.500 | short |
2013-12-12 10:13:32 | JOY | buy | $53.069 | 0 |
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Looked like a great trade to me if it was later in the a.m. as i too have difficulty trading right off the open, nice entry, good stop.