IDEX Trade on Nov 23, 2020 09:16 from DaAmateurTrader: Tradervue User Stock Trades.

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DaAmateurTrader

 

Biggest loss of my career.

I was aware of potential short squeeze on market open. About 30% of the float was short interest, and market gapped up about 30% before market open. I was actually sitting on nice profit about 2k before I decided to reenter my shorts. I needed to take action when the stock turned against me.

Critical mistake was to hold 2 tickers on market open. When both of them turned against me, I literally froze. I am not experience enough to play both tickers at the same time.

I need to always realize that the loss that I am facing might not be the worst. Always bigger loss could come. Blindly hoping for stock to turn into my favor does not work.

Even though I am well aware of these facts, when the stock turns against me, I keep on ignoring my rules. I need some measures to stop me from taking big losses.


Execution detail:

Date/time Symbol Side Price Position
2020-11-23 09:16:16 IDEX sell $2.020 short
2020-11-23 09:16:16 IDEX sell $2.020 short
2020-11-23 09:16:16 IDEX sell $2.020 short
2020-11-23 09:17:32 IDEX sell $2.000 short
2020-11-23 09:17:32 IDEX sell $2.000 short
2020-11-23 09:17:32 IDEX sell $2.000 short
2020-11-23 10:17:07 IDEX buy $2.580 short
2020-11-23 10:17:07 IDEX buy $2.580 short
2020-11-23 10:17:07 IDEX buy $2.580 short
2020-11-23 10:17:07 IDEX buy $2.580 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:34 IDEX buy $2.520 short
2020-11-23 10:28:35 IDEX buy $2.519 short
2020-11-23 10:28:35 IDEX buy $2.519 short
2020-11-23 10:28:53 IDEX buy $2.490 short
2020-11-23 10:28:53 IDEX buy $2.490 short
2020-11-23 10:28:53 IDEX buy $2.490 short
2020-11-23 10:28:53 IDEX buy $2.490 short
2020-11-23 10:37:18 IDEX buy $2.570 short
2020-11-23 10:37:18 IDEX buy $2.570 short
2020-11-23 10:37:18 IDEX buy $2.570 short
2020-11-23 10:42:34 IDEX buy $2.530 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 short
2020-11-23 10:46:59 IDEX buy $2.590 0


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