My VGGL trade played out as planned. After a short morning push it faded throughout the remainder of the day. I placed a buy to cover at 3.05 which was filled.
Entry: 3.43
Exit: 3.05 +11%
.5R
I did not put a lot of size on this trade as I shorted the fade on the initial day's move. That can be somewhat of a risky strategy but I felt that the close was weak enough after a huge move to warrant a short position.
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