P/L -$15
Thinking that it is Red hammer, still ok for Short.
Short entry after confirmation... short play only last for a while.
Stop loss got hit before taking any profit.
Lesson:
Hammer is hammer, don't short it, or wait for much stronger confirmation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 10:45:19 | RCON | sell | $5.660 | short |
2014-02-13 10:59:41 | RCON | buy | $5.710 | 0 |
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