($21) Loss
SAEXShort Stock
andreffael

Overextended Gap Down Short. This stock is super dilutive, the 1Y daily goes back to 800. Anyways, it gap down, so I shorted it. Got a short at 3.5, covered half at 3.25 (4cents from LOD), then re-shorted @ 3.35 (Shoulda been 3.42/3.50). I wanted to add towards 3.7 if I saw rejection there, but instead it broke through r/g for 1min and I got out right at r/g. I thought about re-shorting at 1.7 as it was rejected but decided not to because "the chart was broken". Ended up being a good call EOD.

1
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Broker:TradeZero
DatePrice
Entry1/10/20193.45
Exit1/10/20193.5629
  • Total Views15
  • Position Size150
  • Percentage-3.27%
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andreffael
andreffaelJan 11, 2:10 AM

After locate fees (3.9$), this trade was a 24$ loss.

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