Shared by
Rb2
ROBINHOOD| TOOK LARGE POSITION SIZE DUE TO PDT RULE| A+
This trade I played right. I don't like using Robinhood as much because I have to take my full position size up front to stay within the PDT rule. But I made sure to lock in profits. Also with these platforms, I have to submit market orders to fill faster and missed the first sell at $3.20 and ended up at 3.14 due to this platform. Limit orders are hard to fill on these platforms. But I ended up playing it right and closing out my position on top and not getting greedy. Starting to know when I get that feeling and knowing how to control it
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-04-24 09:30:00 | MTP | buy | $3.130 | long |
| 2019-04-24 09:31:00 | MTP | sell | $3.140 | long |
| 2019-04-24 09:33:00 | MTP | sell | $3.420 | long |
| 2019-04-24 09:34:00 | MTP | sell | $3.330 | 0 |
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