Needles to say that this trade was unnecessary and too early into the day.
I was going for a crack in KHC and break of lows to end up selling support.
KHC sold off more or less straight out of the Open and from premarket and I did not wait for a relief move. There was a short pullback to VWAP, just not far and long enough to gather more momentum to the downside.
Easy to recall and tell in hindsight.
Took off the trade into the relief move I wanted to see and where I should have started my position.
Volume was high and trading rather wildly with odd tiny spikes. Indecision until after the pullback...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-22 09:32:00 | KHC | sell | $35.230 | short |
2019-02-22 09:34:00 | KHC | buy | $35.650 | 0 |
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lars134@gmail.com