Worst trade of the week

in trading •  7 years ago 

$DSLV which was bought at 10:53 AM, EDT on 8/8 for $28.25 and sold at 9:32 AM, EDT on 8/9 for $25.66 (-9.17%).

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Can you put a stop loss in at 3% below cost? I've heard some traders use that strategy. I get emotionally involved sometimes and keep holding. That's what I did with Tesla and lost 14%. Not fun.

Algo development still work in progress. Exit currently is cumulative combination of technical indicators that isolate the emotional aspects, currently refining remedies for the delay experienced in technical indicator feedback loop.

Sweet! Are you making a bot? Which exchange?