erichvonkloss 0 Posted December 29, 2020 Newbie. using Das Trader Pro through IB. When I buy or short sell either at market or say +.05, most of the time my unrealized profit drops far in the negative, sometimes by as much as $100, and then I struggle to climb back up if at all. ideas as to why? Share this post Link to post Share on other sites
Kenneth Armenta 3 Posted December 29, 2020 (edited) Are you checking the spread? I know that happens if you're trading a stock with a wide spread between the bid and asking price. https://bearbulltraders.com/course/foundation/lesson/orders-level-2-candlesticks-price-action-and-trade-management/ When you're signed into the BBT website, follow this link. It's a video lesson given by Andrew discussing this. Fast forward to 24:10 of the video. Edited December 29, 2020 by Kenneth Armenta Share this post Link to post Share on other sites
erichvonkloss 0 Posted December 29, 2020 So is there a quick method to enter into a trade with a wide spread? I’ve found myself to be more of a quick in-and-out scalper for the time being. Share this post Link to post Share on other sites
Kenneth Armenta 3 Posted December 29, 2020 (edited) Well from what I learned at BBT, is to steer clear from stocks with wide spreads. If I saw a strong support or resistance level, I might place a limit order at that level's price, but with a wide spread I wouldn't even touch it. Edited December 29, 2020 by Kenneth Armenta Share this post Link to post Share on other sites
