$CRBP gapped up, I started scaling in but instead of scaling in on confirmation I scaled in as it went against me so when it finally broke over the ema's I took a larger loss than I needed to. Not a big deal, I stopped out immediately when I was wrong and according to my exit signals of my trading plan. Sometimes things just don't work out. Where I am really dissapointed with myself is that by being in too large before confirmation the trade would go in my favor I used up too much mental capitol by chasing another trade after this one. That put me at my max loss for the day and left me unable to rehit $crbp for the huge fade on the backside of the move. I did half my job, half well on this stock today.. Not my best trade but not my worst either.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-19 09:31:32 | CRBP | sell | $2.580 | short |
2015-08-19 09:31:32 | CRBP | sell | $2.600 | short |
2015-08-19 09:33:47 | CRBP | buy | $2.550 | short |
2015-08-19 09:34:01 | CRBP | buy | $2.500 | short |
2015-08-19 09:36:36 | CRBP | buy | $2.480 | short |
2015-08-19 09:41:26 | CRBP | sell | $2.650 | short |
2015-08-19 09:41:55 | CRBP | sell | $2.700 | short |
2015-08-19 09:45:54 | CRBP | sell | $2.750 | short |
2015-08-19 09:46:38 | CRBP | buy | $2.850 | 0 |
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