Watching SNAP whole day was my stock in play. When it hit new intra day 12.78, I saw huge seller held ask at 12.75 its resistance, enter a quick SHORT position @12.75 and SOLD @12.65
By the way, I catch at the top (already having my alert)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-08-18 11:53:41 | 19 AUG 22 13 PUT | buy | $0.4100 | long |
2022-08-18 11:58:00 | 19 AUG 22 13 PUT | sell | $0.4600 | 0 |
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Hey friend. Quick question. How much dollar risk or contract size do you allocate for a single day? How can you tell when's a good day to trade and when not to?