One of my better trades of the day minus the unnecessary executions near the market close. This stock created what seemed like a top making lower highs and lower lows. My initial short was at 48.56 as I did not want to miss the flush. I re-entered with a short at 48.75 as the stock popped back above the MAs. Stock cracked MAs and VWAP and I covered my shares just below 48.00. I should have held onto a few lotto shares until the stock was closer to the LOD. But, I wanted to book my profits quickly to make up for the losses in the morning. The personal mind games of trading reign supreme even in the paper trading world.
Execution detail:
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