The idea on AHPI was that I noticed in the past week the soon the price would get over the $15 that it would crash back. I wanted to short the stock somewhere in the range of $15.00-$15.30. So I had my order prepared and unfortanately there were no shares available to short once the opportunity arrised.
Instead of removing the order, I somehow adjusted the parameters which costed me dearly. I got into a long position of 100 shares at $14.07 at the crack. I noticed it quickly enough and liquidated the postion immediatly to keep the loss as small as possible. I managed to get out at $13.666.
I need to pay some serious attention to my order book, so this will not happen again.
This setup had a great dip-buying opportunity as well, as the low price of the pullback served as a good support through the day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-08-12 10:07:37 | AHPI | buy | $14.070 | long |
2021-08-12 10:07:38 | AHPI | sell | $13.666 | 0 |
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