Paper Trade. Revenge Trade. After watching this stock take back all my profit after the halt, I took a short position at 4.58 with no setup. Watched it bounce around for a bit and stopped out at 4.70. Then I left this stock. What I didn't realize is that I left an order sitting at 4.54 to go short. So later while working on another trade, I heard it execute. Didn't realize what it was for another hour. Then found it and it was climbing but was climbing into resitance at $5. I added to my position just short of $5. It briefly popped over $5 and quickly dropped. I set my exit at break even and got out. I could have made good money on this, but it was an accidental trade and I'm in paper trade mode for a reason. I don't want to look back and see it was a good day when it wasn't.
To see todays trades, including this one, here is a link to the video.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-25 10:53:56 | RAIL | sell | $4.580 | short |
2021-03-25 11:15:20 | RAIL | buy | $4.700 | 0 |
2021-03-25 11:50:38 | RAIL | sell | $4.540 | short |
2021-03-25 12:42:51 | RAIL | sell | $4.920 | short |
2021-03-25 12:43:37 | RAIL | buy | $4.730 | 0 |
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