I have entered for a fade below vwap but the overall market scenario doesn't help at all.
Stopped the first entry I have waited for the stock to fade again and entered the second time. Unfortunately at low of the day the stock started to push back up and went all the way back to 103. I have thus decides to grant me at least the movement I have been able to spot. I have then closed break even.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-29 09:45:37 | SAP | sell | $102.840 | short |
2019-01-29 09:50:36 | SAP | buy | $103.300 | 0 |
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