I had been keeping an eye on GAME for a breakdown. When it began to drop below VWAP support on both timeframes I shorted. Unfortunately this was a spike, and it popped back up. When it didn't look like it was doing much I moved my stops to my buy point. This dropped a some while I was at lunch and I missed it. I had a limit buy at 6.30 but it never triggered. I came back form lunch to find my stops had covered. This would have been exactly flat except that I had split my position with the intention of scaling down the stops in half position sizes, and I did not line them both up exactly on my buy. So it was -$1.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 10:41:59 | GAME | sell | $6.370 | short |
2014-01-28 11:58:04 | GAME | buy | $6.370 | short |
2014-01-28 11:59:41 | GAME | buy | $6.390 | 0 |
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