Best to have a trade plan with defined signals and rules. Other than moving slowly, your long really didn't have any technical violations that I could see. As far as you short, I am going on the premise you had a basis for the trade....again what are the rules of the trade?
i am so used to scalping its hard to see reversals and my nerves get the better of me and i tend to exit early after a point or two. even though do have a target at mind, but mostly going by price action patterns for consolidations at bottom and top of short swings.
how would you play it if you went long at 48.50 ( my initial target was 56) but i exited when i saw price slowing down. whats your advice.