Obviously I was a dumbass for playing it at the range it was at. I didnt even do my research prior. But... I was holding 200 shares premarket. It dipped down hard. And hit my stop at $280. I was down about $1600 at that point. I didnt want it to reverse, so I got back in..like a moron. At this point...I tried to get back out...but my brokers(fidelity) app wouldnt let my order go thru. I kept getting the spinning windows icon...and it just took super long. Amongst other things...I lost lots of equity in my account and my broker sold me outta positions, including $DOCU, that ended up going back up after hours. I dont think I ever lost $7K in a week. But what do brokers usually say when their app is jacking up? Im pretty sure theres nothing a trader can do, but I figured cant hurt to ask...
When you opened the account one of the disclosures you signed but likely did not read was a form releasing the broker from any harm caused by technological errors or "glitches.". Trade from a desktop or at least have access to a desktop if trading from a phone or tablet app (I am assuming that that is what you were doing but maybe you were on a desktop). Also, have you broker's trade desk phone number in your phone so the second you are not getting a fill on a market order or marketable limit order you can call and get in queue to have a live broker enter the trade for you.
%% WELL, with 20/20 hindsight still looks like a super strong stock still up almost 200% YTD. My broker[tech trouble one day] would not let me cancel my day order; so I was able to change it to buy @ monthly low/shame it did not get filled. And while any stock can race too 200day moving average/docu has done that before. BUT seems like this stuff happens more on a Fed or hi volume day/just when we dont need tech trouble. Hope this helps/it helped me...……………………………………………………………………………...
Dang, it's up over 200% since Mar. That might be a decent hold. Except I would ruin it for everybody if I bought it. It would soon tank... Yeah not much you can do since you signed the disclosure. But maybe if you can prove they did something wrong you can go to arbitration?
Yes...I had like 50 shares at $127 or so...but sold them like a moron. I had so much stuff that I got for cheap after the crash....and them all it. My acct would be so UP much now if I had just held everything. $DOCU is a GREAT company. it beat earnings 88% of the time...and increase revenue 100% of the time. I see it going to $100 one day. I got no problem buying 50 shares of this...and playing the +/-$10 moves...until I make it back. Long as I dont use my INTRADAY BP, I should be ok. Truly, that has be f'n me up. I need to stay away from using that...b/c I NEED to be able to hold until a down stock goes back up. Actually...I do fear another slight crash. Nothing like in May...but something near election time. I was a moron for holding 200 shares. I just didnt have my brain running that day. I had absolutely NO idea it would dump the way it did...but I wouldve known...if I had looked at the damn chart. So stupid.
Wow...$DOCU is a long term hold for real. As I said prior........its beat earnings 88% of the time...and increased revenue 100% of the time... AND they literally have no competition. $DBX has hellosign, but thats no competition really. hellosign has nowhere near the marketshare that $DOCU has.
%% WE can sell to early of late. I like both/partial profits And while I like milking a trend; some single stocks have gone to zero. I remember that name/its in good tech etfs
There is no barrier to entry in this space and it only blew up because of COVID. $40B in market cap? FU. This thing will be trading $130 in a year.