-$8,334 Loss
GDLCShort Stock
Biggest loss of the year. Broke one key rule of shorting a play that was trading less than 1 mil volume. sized a big too much, squeeze happened so fast, could not event cover. I was down 35k at a point, but waited for the pull back and covered. Could have covered at 20 but hindsignt is 20/20. Just glad i didnt blow up. Learnt a key lesson, only trade the most liquid plays. Will never be repeating this mistake ever again
Broker:Cobra Trading
Date | Price | |
---|---|---|
Entry | 8/3/2020 | 17.53 |
Exit | 8/3/2020 | 23.07 |
- Total Views762
- Position Size1,500
- Percentage-31.6%
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