shorted GPRO and scaled out for a real nice gain after I got hit hard trying to long it a few minutes earlier. Once it broke through the previous days resistance I quickly changed tactics and shorted it
Execution detail:
Not bad, but why so many covers... Scale out half into the flush and then scale out some more if it continue downward. Once it starts to make higher lows followed by higher highs then that's when you should consider getting out.
Tombro, I'm usually getting in at 1000 shares, sometimes 1500
Nape, I got burned real bad a few times earlier so I wanted to make sure I got some profit so I got a little over enthusiastic lol..
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NIce adjustment and not letting the earlier trade mess with your head!
What's your position size anyway?