Ronin_trader

BIG: Ride Short Trade

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Ronin_trader 已更新   
NYSE:BIG   Big Lots, Inc.
This year I am implementing Ride Trades, which are an extension of my Options Trades that have confirmed my trade hypothesis. This allows us to potentially earn more from a good hypothesis.

To further mitigate risk, I will first enter with 50k and once I see further confirmation I will enter again.

Despite the overall market bullishness. BIG's price is still under the Daily 100EMA and 50EMA lines (Bear).
评论:
There was a price spike on the 2 Feb due to the release on the new interest rates. In hindsight I should not have entered this trade until after this release.

As it was a broad market spike, I ignored it but continued to monitor it incase the market continued the bullish spike
交易手动结束:
Closed at -867.31. Looking at the hourly price movement, it doesn't look like we will continue a bearish price movement in the short term
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