Shared by
boldandnuts
So, my exit on the long was way too early. I kept watching TSLA and started a position as we got close to the 261 intraday high. TSLA hesitated here a moment and I placed a limit below .50.
I got filled, but TSLA continued higher. I had 263ish and 265ish in mind to add more.
TSLA had trouble at 262 and rejected without giving me a clear signal it would reverse like it did. Good for me. Somehow, but I was too small in size. It still worked out.
My profit at 258 was picture perfect! VWAP was at 257.50 but I did not trust it to get there immediately.
TSLA bounced and I had readd at 261 in mind. TSLA rejected 260 and sold off rather fast and I missed watching it as I was handling NFLX and BABA, too.
A little bummed I took my Exit for the final piece a little too early.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-10-11 09:52:00 | TSLA | sell | $260.450 | short |
| 2018-10-11 09:56:00 | TSLA | buy | $258.000 | short |
| 2018-10-11 10:03:00 | TSLA | buy | $256.480 | 0 |
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