Shared by
metp2202
Tags:
Random catalyst
mean reversion
penny stock
Random catalyst day 1, massive run and I knew that this was just not sustainable. I got short a little bit early at 0.5821 but I was quick to take it off and get back in once the price action started to look weak again. good setup, good patience, nice selectivity and good eye for this setup I believe, the only thing I need to get better at is being patient with my covers on those mean reversion trade as long as the downside trend is still holding.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-10-15 11:16:55 | NXTD | -15000 | $0.5821 | -15000 |
| 2021-10-15 11:16:55 | NXTD | -15000 | $0.5821 | -30000 |
| 2021-10-15 11:17:43 | NXTD | -525 | $0.5810 | -30525 |
| 2021-10-15 11:17:43 | NXTD | -900 | $0.5810 | -31425 |
| 2021-10-15 11:17:43 | NXTD | -675 | $0.5810 | -32100 |
| 2021-10-15 11:17:43 | NXTD | -1200 | $0.5810 | -33300 |
| 2021-10-15 11:17:43 | NXTD | -1200 | $0.5810 | -34500 |
| 2021-10-15 11:19:31 | NXTD | 17000 | $0.5999 | -17500 |
| 2021-10-15 11:20:11 | NXTD | -900 | $0.5853 | -18400 |
| 2021-10-15 11:20:11 | NXTD | -9100 | $0.5853 | -27500 |
| 2021-10-15 11:20:12 | NXTD | -400 | $0.5851 | -27900 |
| 2021-10-15 11:20:12 | NXTD | -300 | $0.5851 | -28200 |
| 2021-10-15 11:20:12 | NXTD | -400 | $0.5851 | -28600 |
| 2021-10-15 11:20:12 | NXTD | -700 | $0.5851 | -29300 |
| 2021-10-15 11:20:12 | NXTD | -900 | $0.5851 | -30200 |
| 2021-10-15 11:20:12 | NXTD | -900 | $0.5851 | -31100 |
| 2021-10-15 11:20:12 | NXTD | -800 | $0.5851 | -31900 |
| 2021-10-15 11:20:12 | NXTD | -800 | $0.5851 | -32700 |
| 2021-10-15 11:20:12 | NXTD | -300 | $0.5851 | -33000 |
| 2021-10-15 11:20:12 | NXTD | -400 | $0.5851 | -33400 |
| 2021-10-15 11:20:12 | NXTD | -600 | $0.5851 | -34000 |
| 2021-10-15 11:20:12 | NXTD | -500 | $0.5851 | -34500 |
| 2021-10-15 11:22:16 | NXTD | -13000 | $0.5837 | -47500 |
| 2021-10-15 11:24:22 | NXTD | 500 | $0.5662 | -47000 |
| 2021-10-15 11:24:23 | NXTD | 44 | $0.5666 | -46956 |
| 2021-10-15 11:24:23 | NXTD | 44 | $0.5666 | -46912 |
| 2021-10-15 11:24:23 | NXTD | 200 | $0.5666 | -46712 |
| 2021-10-15 11:24:23 | NXTD | 212 | $0.5666 | -46500 |
| 2021-10-15 11:24:32 | NXTD | 200 | $0.5665 | -46300 |
| 2021-10-15 11:24:32 | NXTD | 300 | $0.5665 | -46000 |
| 2021-10-15 11:25:05 | NXTD | 100 | $0.5562 | -45900 |
| 2021-10-15 11:25:05 | NXTD | 200 | $0.5562 | -45700 |
| 2021-10-15 11:25:05 | NXTD | 200 | $0.5562 | -45500 |
| 2021-10-15 11:25:07 | NXTD | 500 | $0.5551 | -45000 |
| 2021-10-15 11:25:39 | NXTD | 100 | $0.5611 | -44900 |
| 2021-10-15 11:25:39 | NXTD | 200 | $0.5611 | -44700 |
| 2021-10-15 11:25:39 | NXTD | 200 | $0.5611 | -44500 |
| 2021-10-15 11:25:46 | NXTD | 500 | $0.5620 | -44000 |
| 2021-10-15 11:28:43 | NXTD | 500 | $0.5523 | -43500 |
| 2021-10-15 11:29:03 | NXTD | 200 | $0.5520 | -43300 |
| 2021-10-15 11:29:03 | NXTD | 100 | $0.5520 | -43200 |
| 2021-10-15 11:29:03 | NXTD | 200 | $0.5520 | -43000 |
| 2021-10-15 11:29:08 | NXTD | 100 | $0.5475 | -42900 |
| 2021-10-15 11:29:08 | NXTD | 300 | $0.5475 | -42600 |
| 2021-10-15 11:29:08 | NXTD | 100 | $0.5475 | -42500 |
| 2021-10-15 11:29:13 | NXTD | 200 | $0.5460 | -42300 |
| 2021-10-15 11:29:13 | NXTD | 100 | $0.5460 | -42200 |
| 2021-10-15 11:29:13 | NXTD | 200 | $0.5460 | -42000 |
| 2021-10-15 11:29:22 | NXTD | 100 | $0.5450 | -41900 |
| 2021-10-15 11:29:22 | NXTD | 300 | $0.5450 | -41600 |
| 2021-10-15 11:29:22 | NXTD | 100 | $0.5450 | -41500 |
| 2021-10-15 11:30:00 | NXTD | 100 | $0.5463 | -41400 |
| 2021-10-15 11:30:00 | NXTD | 300 | $0.5463 | -41100 |
| 2021-10-15 11:30:00 | NXTD | 100 | $0.5463 | -41000 |
| 2021-10-15 11:30:32 | NXTD | 500 | $0.5400 | -40500 |
| 2021-10-15 11:30:33 | NXTD | 500 | $0.5399 | -40000 |
| 2021-10-15 11:30:34 | NXTD | 500 | $0.5388 | -39500 |
| 2021-10-15 11:30:56 | NXTD | 100 | $0.5422 | -39400 |
| 2021-10-15 11:30:56 | NXTD | 100 | $0.5422 | -39300 |
| 2021-10-15 11:30:56 | NXTD | 100 | $0.5422 | -39200 |
| 2021-10-15 11:30:56 | NXTD | 200 | $0.5422 | -39000 |
| 2021-10-15 11:39:31 | NXTD | 50 | $0.5380 | -38950 |
| 2021-10-15 11:39:31 | NXTD | 950 | $0.5380 | -38000 |
| 2021-10-15 11:40:35 | NXTD | 1000 | $0.5428 | -37000 |
| 2021-10-15 11:40:35 | NXTD | 1000 | $0.5428 | -36000 |
| 2021-10-15 11:47:42 | NXTD | 1000 | $0.5440 | -35000 |
| 2021-10-15 11:48:44 | NXTD | -930 | $0.5397 | -35930 |
| 2021-10-15 11:48:44 | NXTD | -70 | $0.5397 | -36000 |
| 2021-10-15 11:48:45 | NXTD | -1000 | $0.5380 | -37000 |
| 2021-10-15 11:48:51 | NXTD | 1000 | $0.5357 | -36000 |
| 2021-10-15 11:48:51 | NXTD | 100 | $0.5357 | -35900 |
| 2021-10-15 11:48:51 | NXTD | 100 | $0.5357 | -35800 |
| 2021-10-15 11:48:51 | NXTD | 200 | $0.5357 | -35600 |
| 2021-10-15 11:48:51 | NXTD | 600 | $0.5357 | -35000 |
| 2021-10-15 11:48:51 | NXTD | 1000 | $0.5355 | -34000 |
| 2021-10-15 11:50:13 | NXTD | 100 | $0.5320 | -33900 |
| 2021-10-15 11:50:13 | NXTD | 800 | $0.5320 | -33100 |
| 2021-10-15 11:50:13 | NXTD | 100 | $0.5320 | -33000 |
| 2021-10-15 11:50:15 | NXTD | 1000 | $0.5313 | -32000 |
| 2021-10-15 11:50:27 | NXTD | 400 | $0.5301 | -31600 |
| 2021-10-15 11:50:27 | NXTD | 200 | $0.5301 | -31400 |
| 2021-10-15 11:50:27 | NXTD | 200 | $0.5301 | -31200 |
| 2021-10-15 11:50:27 | NXTD | 200 | $0.5301 | -31000 |
| 2021-10-15 11:50:46 | NXTD | 47 | $0.5270 | -30953 |
| 2021-10-15 11:50:46 | NXTD | 47 | $0.5270 | -30906 |
| 2021-10-15 11:50:46 | NXTD | 47 | $0.5270 | -30859 |
| 2021-10-15 11:50:46 | NXTD | 47 | $0.5270 | -30812 |
| 2021-10-15 11:50:46 | NXTD | 47 | $0.5270 | -30765 |
| 2021-10-15 11:50:46 | NXTD | 100 | $0.5270 | -30665 |
| 2021-10-15 11:51:07 | NXTD | 200 | $0.5272 | -30465 |
| 2021-10-15 11:51:07 | NXTD | 600 | $0.5272 | -29865 |
| 2021-10-15 11:51:07 | NXTD | 100 | $0.5272 | -29765 |
| 2021-10-15 11:51:07 | NXTD | 100 | $0.5272 | -29665 |
| 2021-10-15 11:51:07 | NXTD | 159 | $0.5270 | -29506 |
| 2021-10-15 11:51:07 | NXTD | 200 | $0.5270 | -29306 |
| 2021-10-15 11:51:07 | NXTD | 6 | $0.5270 | -29300 |
| 2021-10-15 11:51:07 | NXTD | 300 | $0.5270 | -29000 |
| 2021-10-15 11:51:08 | NXTD | 500 | $0.5270 | -28500 |
| 2021-10-15 11:51:08 | NXTD | 100 | $0.5270 | -28400 |
| 2021-10-15 11:51:08 | NXTD | 400 | $0.5270 | -28000 |
| 2021-10-15 11:51:25 | NXTD | 1000 | $0.5293 | -27000 |
| 2021-10-15 11:51:27 | NXTD | 160 | $0.5285 | -26840 |
| 2021-10-15 11:51:27 | NXTD | 40 | $0.5285 | -26800 |
| 2021-10-15 11:51:27 | NXTD | 300 | $0.5285 | -26500 |
| 2021-10-15 11:51:27 | NXTD | 200 | $0.5285 | -26300 |
| 2021-10-15 11:51:28 | NXTD | 300 | $0.5285 | -26000 |
| 2021-10-15 11:52:11 | NXTD | 1000 | $0.5365 | -25000 |
| 2021-10-15 11:52:11 | NXTD | 1000 | $0.5365 | -24000 |
| 2021-10-15 11:52:24 | NXTD | 24000 | $0.5398 | 0 |
Comments
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Great trade! Guts to get back in after cover.