Second short scalp on TWTR, which ended up being a long 1 1/2 hour battle on declining liquidity later into the lunch hour, which is very unusual and completely outside of my trading strategy.
I did not anticipate some of the risks that come with holding onto a position for longer timeframes, one of which was a decline in liquidity. You can see an indication of that just how little range the stock ended up putting on the intraday charts, which was really the only thing that makes trading these proxy names worth it to begin with.
The stock barely touched your profit target when you were up $100, but you ended up stopped out when it did not follow through on it. Closed the trade for a $7.79 gain.
Execution detail:
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