Two days ago I was set to short URRE when my autotrigger got activated at 3.30, man I was stressed to see it go up to 3.68, I almost had a heart attack, but it dropped and eventually fell below 3.30.
Today I was set to short TGIC and had the short order forced in at 3.80. Since the open price was 2.80 I felt that this was no way close to being triggered. Well if you watched it you know that my price got triggered within 5 minutes- holy crap. But as fast as it rose it fell back again to below 3.80*, I felt stupid telling Muddy that my short price was 3.80, that is like failure. Someone shorted it from the hod. I think that is reckless, but nonetheless this trader nailed it and grabbed the most gain.
*Updated to fix prices
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1 comment:
What was your stop level for URRE, and what is your methodology for taking losses?
3.3 to 3.68 is around a 10% loss. It could have easily gone up further.
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