-$1,125 Loss
CYCCShort Stock
Entry comments: Shorted morning spike at 5.88. Went to 6.02 before fading to mid 5.5. Internet failed and unable to cover at 5.55 so waiting it out. Stock is looking strong into the close so i'll probably cover before the trading day is over. Missed my target. This is what happens when you trade on your iphone...
Exit comments: I set my cover limit at 5.52 on 10/22, but it only went to 5.53 before spike up to the 6's. Didnt cover soon enough and a $500 profit turned into a $1125 LOSS. :-( good think bc this went up to the 7's later in the wk. Could've been a bigger loss.
Newsletters:TimChallenge
Broker:Interactive Brokers
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Date | Price | |
---|---|---|
Entry | 10/22/2012 | 5.88 |
Exit | 10/24/2012 | 6.63 |
- Total Views233
- Position Size1,500
- Percentage-12.76%
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