Exhaustion short. Took it as it cracked the 9EMA with target at 56.00. No bueno.
If I waited a few more seconds for a better entry this would have given me a tighter stop and allowed me to peel some off on the drop. Shows how a few cents (5) could change the outcome of this trade.
85 shares/ flat
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-27 12:21:00 | MYL | sell | $56.590 | short |
2014-02-27 13:25:16 | MYL | buy | $56.590 | 0 |
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