Shared by
A-K_MoneyBagz
I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap down, for no apparent reason. The gap down was obviously WAYY overblown. I decided to market buy at the open with an exit price of anything above $101.50. The RSI in the morning read about 8ish (heavily oversold) so I pulled the trigger. Boy, this one was a RUNNER but I digress. Worked out very well!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-09 09:30:03 | BOIL | buy | $97.960 | long |
| 2022-06-09 10:11:00 | BOIL | sell | $102.060 | 0 |
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