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. They have rumors of a TD buyout and people were quick to pump the news. The morning RSI showed it was RIPE for a short so I pulled the trigger. I had to wait on this one. I actually took a loss because at the same time I was experiencing my biggest gain to date. I figured whatever might as well get out of this one which was a mistake. Next time I will wait for a better exit regardless of what's goin on in other positions.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-05 09:31:01 | COWN | sell | $28.000 | short |
| 2022-07-05 10:49:54 | COWN | sell | $30.350 | short |
| 2022-07-05 11:35:58 | COWN | buy | $29.990 | short |
| 2022-07-06 09:42:14 | COWN | buy | $31.410 | 0 |
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