Breakdown short on the downtrend in a well known stock. This trade supports my belief that these plays have a low expectancy. The stock was also a little over extended here. However, I did reduce to 0.5 risk and that is excellent risk management.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-08 09:49:09 | ROKU | sell | $48.160 | short |
2018-11-08 09:49:52 | ROKU | buy | $48.420 | 0 |
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