Gapped down, entered on the break, rode it down some, then waited for a bigger break down. The bigger break down never came so I got stopped out for a minimal loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-14 09:42:09 | FOSL | sell | $102.310 | short |
2014-05-14 09:42:09 | FOSL | sell | $102.280 | short |
2014-05-14 09:42:09 | FOSL | sell | $102.270 | short |
2014-05-14 10:09:02 | FOSL | buy | $102.580 | short |
2014-05-14 10:09:14 | FOSL | buy | $102.680 | short |
2014-05-14 10:09:15 | FOSL | buy | $102.650 | 0 |
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Great stop. Nice risk management