tuesday was my first down day in about 3 months and it cost me the whole week to make it back.
my mistake was that i chased a stock but didnot cancel my old limit orders immediately before it was too late ( i got hit with a large market order). to make it short, i ended up being long 30k shares of a $15 stocks. Luckily i was able to bail out with only a 5k loss instead of about 10 or 15.
I guess every once in a while we all need a refresher.

my mistake was that i chased a stock but didnot cancel my old limit orders immediately before it was too late ( i got hit with a large market order). to make it short, i ended up being long 30k shares of a $15 stocks. Luckily i was able to bail out with only a 5k loss instead of about 10 or 15.
I guess every once in a while we all need a refresher.