Good idea, executed badly.
BABA retested the intraday support at the full dollar of 158 again. As the whole market was weak I was going for a break of that level.
I watched the tape closely and had my eye on the Level II. Once the Offer dropped 158 I hit the Bid for three tiers, but filled just two. Unfortunately I took it off too fast for a small scalp.
I had a really bad day and wasn't feeling it today. I was also on the road and traded on the mobile setup. I really did not want to let this go against me, but giving it some room with a stop above 158 would have been the right decision.
Bad execution on my behalf. Bad Exit that is.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-10-04 10:12:00 | BABA | sell | $157.950 | short |
2018-10-04 10:12:00 | BABA | buy | $157.910 | short |
2018-10-04 10:12:00 | BABA | sell | $157.970 | short |
2018-10-04 10:12:00 | BABA | sell | $157.940 | short |
2018-10-04 10:12:00 | BABA | buy | $157.920 | short |
2018-10-04 10:12:00 | BABA | buy | $157.960 | 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!