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Sep 1, 2021 23:36

Well this trade was completely stupid. I was testing out my new preset buy orders on IB and for some crazy reason I decided to test it live on na stock that was already 48% up.

the preset was to automatically put in 1% stop loss as soon as I buy my order in. It didn't work and was quickly dropping down I tried to limit out and was still dropping. in the end I had to use a market order. this all happened in the space of 70 seconds.

what did I learn from this trade

Use the demo and take care on trying out new system.

What would I do to improve this trade

don't take it. the only positive side to this is I am making lots of mistakes quickly with a small account.

Execution detail:

Date/time Symbol Side Price Position
2021-09-01 23:36:11 ABVC buy $4.345 long
2021-09-01 23:37:18 ABVC sell $4.081 0

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