Shorted after the failure at VWAP and rolling down.
Covered just before the big break down. Made a mistake when I covered because I knew the stock was heading lower - Don't exactly know why or how I made the decision to cover. Unacceptable.
Here is the link to the chart in question.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-14 11:39:00 | SCTY | sell | $57.070 | short |
2013-11-14 11:56:00 | SCTY | buy | $56.640 | 0 |
Killer short, exit leaves more to be desired. Nice job overall though.
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Picture perfect short but just like you said, no reason to cover. Or at least scale out and leave some for the ride.