lost 1000$ very pissed at myself, got a nice long position going on ford with 20 k shares, then the news hits cnbc about how fords december sales were down, someone was buying the hell out of it all day and continued for a couple minutes after the news, im thinking i should get out of long position and go short, but then i second guessed myself and thought "if it hit cnbc whoevers buying already knows about it" then all of a sudden some asshole hammers the bid down 3 cents with a 100,000 share order which I thought would get eaten before it got there because everything else had been all day, anyways 100kshares gets there everyone behind it pulls bid i end up taking a 1200 dollar loss.
just cant believe i didnt get out of the trade when i heard the news havent done something this stupid in a while.
just cant believe i didnt get out of the trade when i heard the news havent done something this stupid in a while.
