I shorted after stock broke down very important price level which was tested for 6 th time (52 level).
I should have covered and take 50 cents profits but I was stuborn and lost money as stock hit my stop.
Set up: Yes
Stop: 52.20
Clean chart: Yes
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-07 11:19:35 | DDD | sell | $52.010 | short |
2014-04-07 12:57:24 | DDD | buy | $52.220 | 0 |
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Shorting isn't easy and great self analysis! Shorts take time.