Shorted PCG when it dropped below the 9.25 bid and rejected 9.20 after a hold of 9.00. I really should have looked to short at 9.25 with tight risk, or when 9.25 dropped and risked above that bid that was wacked. To short at 9.04 and risk off 9.20 isn't BAD but it's not ONE GOOD TRADE in my book. It washed to 8.80 but I did not take partials as I was not yet at 2R; I noticed buyers take control and took it off for a scratch before it ripped faces off over 9.00.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-14 09:34:33 | PCG | sell | $9.040 | short |
2019-01-14 09:42:01 | PCG | buy | $9.000 | 0 |
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