Shared by
mirko_BOWS
Shorted on the dead cat bounce after the initial flush once it could not break above the MAs. Covered some into the flush to the recent lows and then bailed out on the rest once it started breaking above the 9EMA but should not do that. Instead, should have set the stop loss at my short price (or exit if it breaks above the 20EMA) and would end up catching the next bigger flush.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-04-28 10:51:37 | BAC | sell | $15.240 | short |
| 2014-04-28 10:51:37 | BAC | sell | $15.240 | short |
| 2014-04-28 10:51:37 | BAC | sell | $15.230 | short |
| 2014-04-28 10:51:37 | BAC | sell | $15.230 | short |
| 2014-04-28 11:28:47 | BAC | buy | $15.115 | short |
| 2014-04-28 11:28:47 | BAC | buy | $15.115 | short |
| 2014-04-28 11:33:55 | BAC | buy | $15.180 | 0 |
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