TOPS is a shipping stock that popped all of a sudden on a 1-minute volume of about 1 million shares. I actually saw this alerted to me by one of Ross's chatroom participants who called it out. Even though this stock ended up being a small winner, it was inappropriate for you to have taken 500 shares of a stock below your ideal price range of $1.00. I was really trading based on wanting to recoup the losses I made earlier this morning, so I thought to double down on position size on a trade I thought had the potential for a 10 cent scalp. Ended up with a net profit of $9.53 on this trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-12-07 09:57:07 | TOPS | buy | $0.4970 | long |
2017-12-07 10:00:32 | TOPS | sell | $0.5362 | 0 |
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