Shared by
RPB3
My initial buy was was on a break of a whole number and a triple tapper. Never got the follow through and stopped out at VWAP. Made a fat finger mistake and only put half my position in the stop order. Instead of just getting out of the second half I averaged down and bough more looking for a bounce which was sooo stupid. I did not follow my plan at all and made my loss alot bigger.
Overall very poor risk management. Did not control my emotions.
Also, my initial buy position was too big. Needed to go in smaller there since the stop was $.25 from the entry. Need to keep my losses around $100-$150.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-09-06 10:08:09 | DVAX | buy | $13.990 | long |
| 2016-09-06 10:14:14 | DVAX | sell | $13.740 | long |
| 2016-09-06 10:15:00 | DVAX | buy | $13.730 | long |
| 2016-09-06 10:22:38 | DVAX | sell | $13.570 | 0 |
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