Just took this because I wanted to get a fill for the low dollar stocks and Kunal called this out so I thought I'd try it. THE problem was that I thought I had a 5 cent S/L but it didn't set or something and thought I was out of it when it was spiking. When I saw I was still in it I was done for the day and walked about to try again tomorrow.....Then it tanked hahaha.
Didn't put in an S/L
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-22 12:31:22 | KOOL | sell | $2.950 | short |
2014-01-22 12:31:47 | KOOL | sell | $2.950 | short |
2014-01-22 12:31:47 | KOOL | sell | $2.950 | short |
2014-01-22 12:31:47 | KOOL | sell | $2.950 | short |
2014-01-22 14:12:18 | KOOL | buy | $3.150 | short |
2014-01-22 14:12:18 | KOOL | buy | $3.150 | 0 |
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I've done the same thing a bunch of times - 5 cents seems a bit tight though, you might consider wider.