Even if this would have tanked like I thought it would, this was a bad trade on my part. I took on more risk that I would like to considering my entry, which was late due to just enough hesitation on my part.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 12:27:17 | GNRC | sell | $56.010 | short |
2014-02-13 12:27:17 | GNRC | sell | $56.010 | short |
2014-02-13 12:27:17 | GNRC | sell | $56.010 | short |
2014-02-13 12:32:39 | GNRC | buy | $56.230 | 0 |
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56 was the role reversal point. Tuff to short a P/B to support/resistance.