Risk & reward · Lesson 10
Getting in first cost me $105
Same stock · same strategy
- Live entry
- 84¢ · tighter stop
- Paper entry
- 91¢ · a bar later
- Spike to $1.05
- live stopped out
- Paper
- hit its target
- Live result
- −$105
"Getting filled first isn't always the better trade."
▶ Watch the ShortWhat it taught me
My live algo and its paper version took the same short. The live one got in first at 84 cents with a tighter stop. The paper one got in a bar later at 91 cents, a better price for a short.
A spike to $1.05 stopped out the live trade for a $105 loss and missed the paper one, which hit its target. Getting filled first isn’t always the better trade.
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