Bitcoin Stock Trading Experiment – 7th July Orders

7th July 2015

As discussed here I am trying out a service provided by First Global Credit to trade stocks using my bitcoins as margin. I will be running a real-time experiment and will publish the results here. If you want more timely trade execution information I will tweet the fills when they are executed.

Tuesday 7th July 2015

Orders: Opening Trades Executed as Stop Entry Orders. Closing Orders entered MOC (I usually do mine around 15 minutes to the close as there is no MOC facility).

The only trades today are closing trades. We need to close out our positions in PDCO and SKX unless they close above recent highs.

PDCO needs to close above 49.78 to keep as a trend position

SKX needs to close above 114.79 to keep as a trend position

Note:- Closing orders also have a trigger level. If the market looks like it will close above this level (for long positions) or below this level (for short positions) then the trade is not exited on the close and switches to a trending position and is held with a trailing stop.

Buy/Sell Quantity Code Entry Price Trade Type
Sell 100 PDCO MOC. Unless close above 49.78
Sell  25  SKX  MOC. Unless close above 114.79

Important: These are not trade recommendations. You must seek independent advice to determine the suitability of any investment for your own specific circumstances.

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.