If I had faith in my setup, put the stop at 11.41 and let it go, I would have made bank. Instead I let myself get shaken out twice on shorting what should have been a winner.
stop: 11.37
shorting into pullback to vwap/near 9ema after gap down
It didn't go but didn't reverse either, 9ema coming down on top and not sure if I should bail or wait for a breakdown, decided to cover it
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-01 10:17:50 | JDSU | sell | $11.260 | short |
2014-05-01 10:37:49 | JDSU | buy | $11.290 | 0 |
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