Nice intraday bear flag. Entered a short at 92.34 with a stop at 92.78. (Risk .44/share X 200 shares = $88). Got pulled away to work just after it dropped below $90, should have covered then. Since it was showing no signs of slowing down I moved my stop down to 90.30. I didn't make it back before it reversed and was stopped out. Made my P&L goal for the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-21 10:08:49 | QIHU | sell | $92.340 | short |
2014-04-21 10:08:49 | QIHU | sell | $92.340 | short |
2014-04-21 11:00:53 | QIHU | buy | $90.300 | 0 |
Great entry....damn..hate when work gets in the way of trading.. there should be some sort of rule against that...LOL
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Nice trade.