Before I was finished my prep 6E looked set to break down. I got in 1 contract for feeler, no bids coming in, added one more.
Italian economic chatter came across the squak, the price spiked up instantly, I sold one from the top of 1st spike and rapidly the situation was out of hand, now carrying 8 risk units on the trade. Places a stop where my limit was approximately and price ticked up to take me out before continuing lower.
Lessons are: bad focus, bad sizing, bad risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-21 05:02:29 | 6EZ8 | sell | $1.14055 | short |
2018-11-21 05:02:30 | 6EZ8 | sell | $1.14055 | short |
2018-11-21 05:03:39 | 6EZ8 | sell | $1.14115 | short |
2018-11-21 05:04:01 | 6EZ8 | sell | $1.14155 | short |
2018-11-21 05:04:51 | 6EZ8 | sell | $1.14265 | short |
2018-11-21 05:05:22 | 6EZ8 | buy | $1.14300 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!