my absolute worst trade I have ever made... I got in early in the morning for no reason other than I had made money yesterday and lost it on this quick moving stock.. obviously I entered it wrong and then when it tanked I didn't honor my stop loss at 16.39.. It dropped too fast and then I was stuck hoping it came back up. Unfortunately it never did. After watching my losses go up and up and I finally sold. Right as I did it went back up!! this happened three times today for big losses that could have been wins..
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-16 09:35:00 | VISN | buy | $16.790 | long |
2013-10-16 10:51:00 | VISN | sell | $13.507 | 0 |
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I call this the markmandy54 trade. You buy the top and sell the bottom. I feel your pain man!!