I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap up, due to rumors of a merger/buyout. I decided to market sell at the open with an exit price of anything under $95. The RSI in the morning read about 84 (oversold) so I pulled the trigger. Although it eventually worked well, I wasn't able to profit due to risk management parameters I abide by. We'll get em next time!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-08 09:31:47 | ROKU | sell | $96.610 | short |
2022-06-09 09:32:29 | ROKU | buy | $99.500 | 0 |
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