SFUN Trade on Feb 5, 2014 09:51 from lafljm_Bows: Tradervue User Stock Trades.

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lafljm_Bows

 

I clearly didn't allow for a large enough stop loss on this guy. I was looking at the volume and it was almost not there and it started turning on me. I should allow for a larger loss on something like this. I always have to tight of stop losses on the stocks that run and I have too loose of stop losses on the stocks that go the wrong direction for me? How do I change my mindset towards this?


Execution detail:

Date/time Symbol Side Price Position
2014-02-05 09:51:50 SFUN sell $75.850 short
2014-02-05 10:00:38 SFUN buy $76.080 0


Comments

Gravatar Sayed
February 05, 2014

ouch!

Gravatar Sayed
February 05, 2014

U cant really play a $75 stock with .20c stop. Specially volatile names like SFUN. It didn't do anything for u to stop out unless u added big position. Also u could have easily added it back again at that same 75.85

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