RTY had a slight gap down. Looked for a rejection at the 1448 level where we had a confluence of levels. Stochastic was overbought only on the 30 sec chart. Shorted 3@1448. Wasn’t thrilled with the price action since it came close to stopping me out when it hit a high of 1450.50. Scaled out at 1446 and 1445.60. I should have exited the remainder at around 1445, near the VWAP. Even though stochastic wasn’t oversold with a reading under 20, price seemed to be basing and it looked like it was going to retest the highs. I ended up exiting the final contract at 1447.80. Definitely poor trade management on the last contract. On a positive note, the trade was profitable with a gain of $217.
