I knew $JD was weak today. I knew(!) it would eventually go lower. What I did not have, was patience!
When I already were 250 shares short it took another run up. Instead of stopping out, I erratically added to my short just to exit at the worst moment. Not for a big loss, but still BAD TIMING.
What I actually did good, was to add another 100 shares short when I actually saw $JD being weak and having trouble to go any further.
I messed up again when I took off 50% at Break-Even.
Soooo many times, a stock stops (mostly at my break-even), remains there for a moment, seems to bounce, but doesn’t, I exit, stock contiues lower.
Sound familiar?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-09-04 10:11:00 | JD | sell | $29.470 | short |
2018-09-04 10:21:00 | JD | buy | $29.530 | 0 |
2018-09-04 10:27:00 | JD | sell | $29.560 | short |
2018-09-04 10:41:00 | JD | sell | $29.670 | short |
2018-09-04 10:57:00 | JD | sell | $29.650 | short |
2018-09-04 11:19:00 | JD | sell | $29.770 | short |
2018-09-04 11:19:00 | JD | sell | $29.720 | short |
2018-09-04 11:20:00 | JD | buy | $29.820 | short |
2018-09-04 11:25:00 | JD | sell | $29.800 | short |
2018-09-04 11:32:00 | JD | buy | $29.710 | short |
2018-09-04 11:48:00 | JD | buy | $29.530 | short |
2018-09-04 11:49:00 | JD | buy | $29.550 | short |
2018-09-04 12:07:00 | JD | buy | $29.540 | short |
2018-09-04 12:34:00 | JD | buy | $29.490 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!