Really an unecessary trade. I went in with a risk lvl in mind, but no real edge. I just wanted some action before mkt close as I knew the weekend was coming so mkt were going to be close. My thesis was tht it test the $1 lvl again, but no volume was coming in towards the close. I was getting impatient with this trade as the stock was not doing what I wanted, so I just exited and had a small loss.
[HINDSIGHT]: It ended spiking pm on Tuesday, but this was not an ideal o/n hold at all.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-05-22 14:35:21 | XSPA | buy | $0.8910 | long |
2020-05-22 14:54:03 | XSPA | buy | $0.9120 | long |
2020-05-22 15:05:38 | XSPA | sell | $0.8600 | long |
2020-05-22 15:17:36 | XSPA | sell | $0.8703 | 0 |
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