Shared by
math_psycho
Long reversal on the gap down. This is part of a new strategy that just happened to work this time. This trade actually cost me a lot more than it made me though. The next day the stock had a power move down that this trade had me trying to reverse with a long bias. This was a very good lesson... trade with the day and forget about your bias from the previous session!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-11-14 09:48:59 | PCG | buy | $28.000 | long |
| 2018-11-14 10:04:05 | PCG | sell | $28.440 | long |
| 2018-11-14 10:13:31 | PCG | sell | $28.280 | 0 |
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