Looking for a parabolic short when it gapped down and shot up on the open but didn't hit previous day highs and couldn't ride higher. But I was impatient and tried to get in once it didn't hold on teh 2min chart, stopped out. Hit it again a little later but stopped out again. It looks like my timing was off and my stop too tight.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-01 09:37:20 | BIOF | sell | $6.990 | short |
2014-04-01 09:37:23 | BIOF | sell | $6.990 | short |
2014-04-01 09:43:19 | BIOF | buy | $7.060 | 0 |
2014-04-01 09:51:30 | BIOF | sell | $6.940 | short |
2014-04-01 09:55:07 | BIOF | buy | $7.050 | 0 |
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