Morning short breakdown. I really should not have let this come back up as far as it did but I saw potential down to $28 if it broker through $30 and to risk a buck or so gave it right back up to the top of the 30 min trend. I wanted to give it a chance to really work but ultimately it just ended up getting stuck and I took a loss toward the end of the day. I think now looking back at this my stop would have been right around $30.30 and I would have sized this much bigger.
500 shares
-$210.00 (-1.39%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-03 09:44:09 | ADT | sell | $30.190 | short |
2014-03-03 14:49:16 | ADT | buy | $30.610 | 0 |
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Scary agreed. Stop should have been 30.3