Shared by
rectanglealchemists
There is clearly a buying area indicated from the opening wick right where I shorted.
It wasn't at LOD yet so it doesn't fit as a LOD short.
I understand that I saw the V-reversal after the open, but the wicks on the way up were also large. I think that I probably should have waited just a smidgeon more for a pullback, just because the next leg down based on the non-momentum probably wasn't going to come immediately. It had just bounced off of the open.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-03-25 10:45:52 | PDD | sell | $42.830 | short |
| 2022-03-25 10:48:13 | PDD | buy | $43.090 | 0 |
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