$310 Profit
MGTShort Stock
Completely butchered this trade. Short 1000 at $2.84 didn't cover when stock fell to 2.15 because I was greedy. Stock went up shorted 2000 more brining my average to 2.71. Covered 2000 premarket because I wanted to protect my self from a loss and there were shares available to short. Stock dropped to what i expected and ended up filling my cover order because I forgot to cancel it after my premarket cover was filled. This was a prime set up and I blew the trade. But I live to see another day.
Broker:Interactive Brokers
Date | Price | |
---|---|---|
Entry | 5/24/2016 | 2.7167 |
Exit | 6/7/2016 | 2.6033 |
- Total Views120
- Position Size3,000
- Percentage4.17%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only: