Might Not Get Your Fill Price!!! · InvestCEO with Kyle Henris

Might Not Get Your Fill Price!!!

Got up late, got to work late, didn’t do any pre-work. Got an alert at 1:26 that supply had formed. Quickly made the order. Checked later in the afternoon and saw my stop loss was hit. Bummer but no big deal. But wait… I lost 60% more than what I should have???

Well once I realized today was FOMC accounting for the big drop at 2 I knew I entered a trade I shouldn’t have. Kyle advises against this. But why did my stop loss not trigger? Looks like it did but because of the massive volatility during the announcement the spread was apparently very wide. My actual fill was much lower than expected. I’ve seen this in options during earnings

Anyhow I hope this reinforces why trading on these volatile days might be a bad idea….

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