Trade recap for December 20th: Why ISCO moved so much the last few days

Software problems were compounded by mental errors, leading to a bad day.

10:56:14    TNGS    B    1.91    2000    NITE
10:56:32    TNGS    S    1.85    100    NITE
10:56:37    TNGS    S    1.85    400    NITE
10:56:37    TNGS    S    1.85    500    NITE
10:56:44    TNGS    S    1.85    500    NITE
10:56:47    TNGS    S    1.85    500    NITE

+    SLD    5,000    ISCO    false    Stock    2.290    USD    SMART    09:35:59        25.00        null
SLD    500    ISCO    false    Stock    2.2960    USD    ARCAEDGE    09:36:03        2.50        null
BOT    1,500    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        7.50        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null
BOT    2,000    ISCO    false    Stock    2.3000    USD    SMART    09:39:30        10.00        null

Daily profit: ($249.50)

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.


0 thoughts on “Trade recap for December 20th: Why ISCO moved so much the last few days”

  1. Hey Reaper,

    Thanks again for the recap, good to see your still going strong 🙂 ( except for the lame software errors )

    I made a even more stupid mistake today: bought 3800 shares MCVE @ 0.265 instead of selling it there. Stupid, stupid and of course I got immediately filled. When I saw the trading mistake I immediately traded out ( this I learned from you ) for a loss of 19 dollar. Funny thing is, because of my buy @ 0.265 I pushed the price up. So instead of selling 3800 shares I sold 7200 and got out at a average price of 0.262 ( some of the fills were 0.27 ). Lucky, lucky because now I’m short 2600ish shares MCVE ( damn you, partial fills ) and break-even on that trade :).



Leave a Reply

Your email address will not be published. Required fields are marked *

Please complete the formula below to prove that you are human * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.