-$432 Loss
ECYTShort Stock
I shorted ECYT after its falls under previous day's support at 5.34 in premarket trading. It created lower low but bounced back. What was wrong with my trade? ECYT has an overextended chart and I was looking for morning panic. We didn't get it, but my big mistake was that I postponed cutting loses. My risk level was at 5.55.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 10/4/2017 | 5.16 |
| Exit | 10/4/2017 | 5.69 |
- Total Views230
- Position Size800
- Percentage-10.27%
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