Shorted EBAY on the first pop after the wash from highs; risk on 34.50+; I eventually moved my stop to above 34 after it could not trade above 34. I did not have a reason to cover until the tape indicated the selling was slowing down, in which I took half off for about 3R; I emotionally covered the other half of my shares on the pop to 34, but had I stuck to my plan of putting a stop above 34, I wouldn't have been stopped out. Don't let one candle freak you out!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-22 09:33:38 | EBAY | sell | $34.300 | short |
2019-01-22 09:40:27 | EBAY | buy | $33.700 | short |
2019-01-22 09:41:50 | EBAY | buy | $33.970 | 0 |
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