Original idea was a fade back to low 8s after overbought conditions. Wasn't too focused this morning and not paying attention to my entry signal in the 8.80s so ended up chasing entry with this one. I really thought there would be a nice fade but volume just dropped off and it just wasn't breaking down. Seeing that I should have just taken it off immediately for a smaller loss. Lesson learned. There will be another great opportunity with this one, I'm sure.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-07 10:38:00 | CRBP | sell | $8.660 | short |
2016-10-07 14:21:00 | CRBP | buy | $9.010 | 0 |
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