-$269 Loss
FNMAShort Stock

Got caught in the squeeze on FNMA. I couldn't get out so eventually I just submitted a MKT order to stop the bleeding. I am lucky I got out. Terrible trade. I used only L2 instead of picking my entry based on chart and other parameters. I need to go back to what Tim teaches and stick with the easiest patterns, Pump and Dumps.
Newsletters:TimChallenge
Broker:Interactive Brokers
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| Date | Price | |
|---|---|---|
| Entry | 5/28/2013 | 3.59 |
| Exit | 5/28/2013 | 3.7171 |
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