CGHC Trade on Apr 24, 2013 17:00 from KbearAndromeda: Tradervue User Stock Trades.

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KbearAndromeda

 

Sweet moses, I haven't learned to much in these last few months that I've been able to put to work in successfully producing profits. But I've learned not to do this. It was a standard morning email penny promo by one of the crappy one day promoters. I had successfully made some stupid amount like $400,000 in a paper trading account playing a series of these morning email deals a week before and naively thought this was my ticket out of poor land. Well I had yet to learn about the way real world executions go down in these situations. In the simulator, i would simply set a buy limit of $1 or something and bet everything I had on it, it would of course fill immediately and I would sell after i had a 150% gain or when things started to top out. As most traders know however, these things get locked up in a hurry and you don't get filled until it hits the top (especially using scottrade!), then your scrambling to reset your sell limit over and over as it drops at terminal velocity until it has handed you your sorry ass in a doggy bag and shown you the door. Thanks for the lesson CGHC.


Execution detail:

Date/time Symbol Side Price Position
2013-04-24 17:00:00 CGHC sell $0.1300 short
2013-04-24 17:00:00 CGHC buy $0.3075 0


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