All around bad play. I was anxious to catch at least one major home run and I chased an invalid short play.
This play stung a little. I entered it to redeem myself from the invalid short play. I was up $400+ and tried to sell half of my position, so I selected "SELL", entered "150" and hit "SEND". Some how, some way the order changed back to "BUY" and added 150 shares instead. By this point I had already made a lot of trades so I just left it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-07 14:15:21 | SFUN | sell | $91.030 | short |
2014-01-07 14:15:21 | SFUN | sell | $91.264 | short |
2014-01-07 14:15:25 | SFUN | sell | $91.080 | short |
2014-01-07 14:17:13 | SFUN | buy | $91.696 | 0 |
2014-01-07 14:29:34 | SFUN | buy | $91.890 | long |
2014-01-07 14:29:34 | SFUN | buy | $91.890 | long |
2014-01-07 14:29:45 | SFUN | buy | $91.880 | long |
2014-01-07 14:42:53 | SFUN | buy | $93.410 | long |
2014-01-07 14:58:09 | SFUN | sell | $92.500 | long |
2014-01-07 14:58:10 | SFUN | sell | $92.500 | long |
2014-01-07 14:58:10 | SFUN | sell | $92.500 | long |
2014-01-07 14:58:10 | SFUN | sell | $92.500 | 0 |
Agree with Gena
its ok this is why we paper trade brother.
remember this day 1 of a big breakout so u really need a rockstar setup to counter trend it.
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This stock was on fire today, and the daily chart was great/so bullish. I would be wary of shorting something that looks this good, just my opinion. Even late in the day like that. But glad it worked for you! Good entry, great cover. You are good at those short scalps, your exits are spot on!