I did miss the opp to sell at 0.23 as I didn't set my sell and took a midday nap. Holding o/n for now.
Entry comments: Entry comments: What makes this trade different from the last time I traded BLGO is that I bought at the best possible place on the key support. My entries are usually faulty, so this was a big success in that sense. So less risk and more reward here as we touched a bottom. Will watch carefully it breaks that support. Dip buy on support, plan to sell on a quick bounce. I couldn't resist the entry.
Exit comments: I wanted to execute at .224 or .225 but the asks were stacking up below these numbers, so I kept lowering my ask. Finally I executed my remaining 200 partial share at the bid of .21, costing me additional commission but was worth the exit for me. Nice mini profit percentage. The only criticism of this trade is I am risking more capital than my other trades, which could become a problem in the future if losses accrue. So will stay aware of scaling position size according to reward risk.
Date | Price | |
---|---|---|
Entry | 6/24/2019 | 0.20 |
Exit | 6/25/2019 | 0.2139 |
- Total Views101
- Position Size6,200
- Percentage6.95%
This time around set an "all-or-nothing" fill so that's probably why it didn't execute as a sell at 0.225 because I was set for a sell at 0.224 for 6200 shares. #constantlylearning
Learning the subtle art of "AON" or allowing partial fills.
Setting my limit order as to allow the possibility for a partial fill. Willing to pay for the extra commission the next day because a partial fill will make it easy to complete the order on small moves. I think the additional commision is charged if it's EOD and the entire fill wasn't completed and the fill goes into next day. If I'm correct, partial fills only count as one commission if on same day.
Entry open was 9:47am not 9:47pm. For some reason you can't fix the open trades once submitted.