put on a short it didnt do anything for 5mins then it went up 20cents theni got out as it came back to my breakeven.Had it not been the last hour of trade i would have let this run but alas....wouldnt you know it,it collapses soon after with the market. Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered Buy To Cover 500 T 29.65 Limit Day (2008-09-23) Filled 500@29.5899 15:23:13 2008-09-23 15:23:11 Sell Short 500 T 29.60 Limit Day (2008-09-23) Filled 500@29.601 15:11:52 2008-09-23 15:11:50
How? His broker did. DSQ: It went up 20 cents and you didn't exit, meaning that you had already accepted a loss of 20 cents. And once it fell back to break even, why didn't you give yourself a chance with the price of facing 15-20 cents loss for the second time if it goes up one more time.