Automated buy execution on $LAPTOP at $188M mcap ($18 entry). Bot logic error after initial fill prevented follow-on tranches.
Entry: $18
Peak: $392
Implied multiple: 21.7x
Planned deployment: $150K across multiple tranches
Theoretical P&L (gross): ~$3.26M
Net of slippage/gas (est $1-1.5K per tranche): ~$3M
Execution risk materialized via code-level math error. Single-tranche fill vs intended ladder buy. System did not scale position as designed.
Missed alpha due to operational failure, not thesis failure.
Entry: $18
Peak: $392
Implied multiple: 21.7x
Planned deployment: $150K across multiple tranches
Theoretical P&L (gross): ~$3.26M
Net of slippage/gas (est $1-1.5K per tranche): ~$3M
Execution risk materialized via code-level math error. Single-tranche fill vs intended ladder buy. System did not scale position as designed.
Missed alpha due to operational failure, not thesis failure.
