short term general__#3, page-6

  1. 2,397 Posts.
    Johno,

    I totally stuffed up my trade with NXS.

    Firstly, after identifying resistance at 36.5, I stuffed up my notes and then ended up with that price as breakout/entry. I had a trigger to buy when it reached 36.5cents.

    Only after the order was filled did I recognise the mistake I made.

    I set up a stop loss at 34.

    Now, has the following ever happened to anyone before because it could really have turned catastrophic?

    My target was 42.5 so I put in a sell order for that price. Today, when the price fell to 34 my stop loss was triggered only to be rejected because I didn't have the shares to sell because I already had a sell order on them. The SP could have gone into the 20s and I still would have been the proud owner of them.

    I ended up getting out at 34.

    10
 
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