Shared by
kingme29
2nd day in a row Prodigio is killing me on NUGT and not getting me out a trade at the stop I set. Account was red today and yesterday. Doubt I can trade live with Prodigio.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-03-18 13:13:59 | NUGT | sell | $65.780 | short |
| 2016-03-18 14:58:57 | NUGT | buy | $68.040 | 0 |
Comments
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NO doubt it's frustrating when the tools don't work. When I was on Prodigio, I experienced all kinds of issues and was SO frustrated. Of course, the salvation is it's paper money. Maybe it's a good thing so that you can focus on process metrics? I dunno.
As for the trade, I don't really see an edge for a short on the daily chart beyond it's near the top of the range. It could have worked, though, if you hadn't chased your entry so far down. You actually entered on support. I'm not sure where your stop was, but it's tough to find a near level of resistance to place a stop. Maybe over the VWAP? I think Prodigio really is getting in your mind, and I get it... been there too. Maybe all you can do is focus more on your trade plan.