bought the mini flag for the brekout 1000 because of good risk to reward i could have a very tight stop and afford a bigger position.. sold half on first pop, but accidentally placed my stop with the wrong price so when i sent the order it filled immediately, selling me out of the second half which i wanted to let ride... havent done that mistake in a while... oh well +$187
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-05 11:18:27 | RMTI | buy | $6.410 | long |
2013-09-05 11:18:27 | RMTI | buy | $6.408 | long |
2013-09-05 11:18:27 | RMTI | buy | $6.408 | long |
2013-09-05 11:18:27 | RMTI | buy | $6.408 | long |
2013-09-05 11:39:15 | RMTI | sell | $6.580 | long |
2013-09-05 11:39:42 | RMTI | sell | $6.610 | long |
2013-09-05 11:39:42 | RMTI | sell | $6.610 | 0 |
A thought - when you hit the wrong button and accidentally sell something you didn't want to sell, consider immediately just buying it back.
I used to do this from time to time, and after I accidentally sold, I'd sit there feeling mad at myself and watch the stock go to the moon (like in this case!) without me. Then at some point a light sort of went on, and it occurred to me that mistakes like this can be immediately corrected. It might cost you a few cents in price difference, plus commissions and such, but that's the cost of an order entry mistake. You can limit your punishment - it doesn't have to be the full consequences not having the position you wanted...
Anyway, just food for thought!
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This stock was a beast today!