YELP Trade on Feb 10, 2014 10:52 from silverholden: Tradervue User Stock Trades.

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silverholden

 

I was watching this from my pre-market scan. The way this fell off immediately early had me watching it for a short entry. I saw it begin to fall through support, and I tried to enter. Here is where everything went wrong for me. I was eyeing an entry around 92.40. This was jumping around very quickly, and my limit order ended up being somewhere else. I tried to drag it there in prodigio, and ended up down near 92 instead (my charts were broken today, and I could not zoom, very difficult to see detail). That pissed me off, which probably led to me setting my stop to short more rather than cover. I covered immediately after I noticed what had happened. I waited for it to cal down a bit, and re-shorted with a much smaller position. When I had confirmation of movement I added to my position with a full order. When it began to really drop, I wanted to cover 1/4 at 92, and somehow ended up with the entire thing covering. So I ended up -$90.20 on this trade, had I not argued with prodigio over this I would have been up at least $10.00 even with the first fumbled trade.


Execution detail:

Date/time Symbol Side Price Position
2014-02-10 10:52:39 YELP sell $92.060 short
2014-02-10 11:00:21 YELP sell $93.000 short
2014-02-10 11:02:50 YELP buy $93.220 short
2014-02-10 11:02:54 YELP buy $93.230 0
2014-02-10 11:17:31 YELP sell $92.520 short
2014-02-10 12:32:44 YELP sell $92.470 short
2014-02-10 12:44:47 YELP buy $92.080 short
2014-02-10 12:45:16 YELP buy $92.030 0


Comments

2014-02-11 00:03:27
 

I used to flip sides on my stops alot. Eventually I just stopped making that mistake. Totally get you on platform issues, ToS has been a disaster lately.

Your 2nd entry was perfect.

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