Can't believe I missed this gapper on the morning flag, ho-lee-crap. Anyway -- this trade -- sucked. Tried to short the mad runner, that must've been a real stroke of genius. It cracked the 9 EMA and then started sinking again (which is when I bought), but I didn't let it form, I rushed it. It held and started to rise so I got out quickly (in and out within the minute).
Should not have gotten into this trade until it re-broke through the 9EMA, bought it on the high side of it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-07 12:41:00 | NBIX | sell | $17.940 | short |
2014-01-07 12:41:47 | NBIX | buy | $18.050 | 0 |
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