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 up. There was nothing to justify such a pop in this stock, especially given current market conditions. The late afternoon RSI showed it was RIPE for a short so I pulled the trigger. Now unfortunately I didn't know I couldn't hold over the weekend with this account. It ended up being my biggest loss this month as I was forced to sell EOD. Lesson learned!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-23 15:06:17 | SNOW | sell | $141.960 | short |
| 2022-06-24 15:53:51 | SNOW | sell | $151.210 | short |
| 2022-06-24 15:59:00 | SNOW | buy | $151.730 | 0 |
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