TCCO Trade on Dec 10, 2019 10:19 from rxwhippingpost: Tradervue User Stock Trades.

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rxwhippingpost

 

Stock was gapping up 200% and on the opened it sold off and had a huge red candle. It was having some resistance at $6 so I put what I thought a fantasy order in at $6 when it dropped to about $5. I didn't have any day trades left so I thought I could swing this if my order filled. It filled and then skyrocketed. It consolidated around $8 so I added to my short and then skyrocketed again. After the major selloff at 2:00 my broker put in a margin call and closed out half my position thankfully at the bottom of the afternoon dip. I called the broker and asked what this was going to do to my account because I had no more day trades left and they allow for a one time override.
Day 2 I thought there would be some support on the SSR line but it kept going down. I covered half my remaining position at a fantasy line of $5.50. Will hold the last 100 shares for continuation downward.


Execution detail:

Date/time Symbol Side Price Position
2019-12-10 10:19:11 TCCO sell $5.900 short
2019-12-10 12:07:11 TCCO sell $8.000 short
2019-12-10 15:14:16 TCCO buy $7.210 short
2019-12-11 15:19:12 TCCO buy $5.500 short
2019-12-17 14:58:44 TCCO buy $5.400 0


Comments

Gravatar desitiger
2019-12-11 22:55:14
 

what platform you use to short with

2019-12-11 23:10:50
 

Tradestation

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