I hate covering shorts too early...damn

[dsq]

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

 

[nonlinear5]

What is the purpose of this thread?

 

[nazzdack]

Quote from dsq:
i would have let this run but alas....

Could've, should've, would've, might've.............

 

[lassic]

yep, losing money, part of bizness
but losing money when right, sux

 

[Trad'nUp]

Quote from nonlinear5:

What is the purpose of this thread?

I like chocolate milk.

 

[GermanTrader]

Quote from dsq:

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.

You made a profit and you're complaining that your winner didn't turn into a loser?

 

[eagle]

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.

Quote from GermanTrader:

You made a profit and you're complaining that your winner didn't turn into a loser?

 

[dsq]

Quote from eagle:



DSQ: It went up 20 cents, 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.

too little time left ...i figured to save myself 100$ loss by getting out..