PBR was consolidating at LOD and was showing weakness in the tape. I shorted a little then added more as conviction grew, risking off the high of the most recent pop on the 5min candle. Took partials as it pulled, but was not patient enough to keep holding due to emotional trading that had already occurred today. It did not show any signs of reversal, I just didn't want to give back any more gains, which resulted in me missing out on the bigger move.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-10-08 10:14:27 | PBR | sell | $15.360 | short |
2018-10-08 10:17:38 | PBR | sell | $15.350 | short |
2018-10-08 10:28:56 | PBR | buy | $15.220 | short |
2018-10-08 10:30:49 | PBR | buy | $15.260 | 0 |
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