Shared by
Constantine_BOWS
And the last one was a pure revenge trade! I was stopped out thrice in $FIT. I saw, that this stuff was testing its trend line, and I shorted it. I don't really think, that we can short an IPO stock, but we are trading paper money, and it was possible for me, so I shorted it, and everything was turned upside down. The $FIT was good that day, and if I was more patient, I could earn money.
Well, I've learned a great lesson by this trade. I should remember it every single day I trade. I will never make the same mistake.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-07-02 10:30:44 | FIT | sell | $41.750 | short |
| 2015-07-02 12:43:12 | FIT | buy | $43.560 | 0 |
Comments
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
this is way too lose of a stop i dont have to tell you that. in live trading this is 1 trade would blow up your whole account!