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.
Use the demo and take care on trying out new system.
don't take it. the only positive side to this is I am making lots of mistakes quickly with a small account.
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