Shooting star, make Short entry at 34.99. Stop loss at 35.33 (Big range for me, my budget is 25cents)
So when the bounce happen in two candles, and it has been 5 mins no progress, it is not a perfect entry and don't want take a risk, quickly cover for 9 cents gain.
It is bounced, but just bit and the short play is works... anyway the trade i can't afford, so still no regret, I tried :-)
PS:
next time i should adjust volume to match my Stop loss budget.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-28 09:52:27 | YOKU | sell | $34.990 | short |
2014-02-28 09:57:40 | YOKU | buy | $34.900 | 0 |
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