A small species, quite variable in colour. Most have some red colouring in the cap and stipe but occasionally specimens are found with yellow stipes. Quite viscid when young but the stipe soon becomes dry. Common in unimproved grassland.

References: 
Boertmann, D. (2010 revised second edition) The Genus Hygrocybe
Wood, E. & Dunkelman, J. (2017) Grassland Fungi: a field guide
Hedger, J. & George, D. (2018) Lundy Fungi: a photographic guide
Harries, D. (2017) A Guide to Waxcaps in West Wales