Shared by
apache2a
I was watching this one and didn't catch it until just after the open. By 9:35 it was looking good so I got in. Nice trade.
WIMI got me good in July, today I made a couple bucks back.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-19 09:35:19 | WIMI | sell | $6.663 | short |
| 2020-10-19 15:02:24 | WIMI | buy | $6.110 | 0 |
Comments
apache2a
Hey bro, this one I traded on Interactive Brokers. I have two brokers I use because I short hard to borrow stocks a lot. I try first on Interactive Brokers which has what I need probably about 60 or 70 percent of the time. If they don't have the shares I go to my other account with CenterPoint (I use this as a secondary because I have to pay commissions and fees). Usually I'm able to get the shares with Centerpoint. I make about 40 to 60 trades a month total and I can get most trades with this set up. Probably once a week (so like 4 times a month out of 40/60 trades) I can't get the shares even on CenterPoint. Sometimes the shares are just too much on CenterPoint so I pass. Generally I pay about 1 to 12 cents per share, sometimes they go up to 30 or more (once they were 2.50 per share)....on those ones I just pass as the high fees cut in to my profit factor and profitability. Hope this helps.
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Can you share which broker you are using to trade?