Filters · Lesson 15
Both trades had big news. One lost $139
Two shorts after big news
- BEAT · FDA breakthrough designation
- −$139
- ALEC · Genentech partnership
- +$159
- News trades overall
- a little worse, nothing proven
"I had a bad feeling about shorting good news but left them alone."
▶ Watch the ShortWhat it taught me
My algo shorted BEAT and ALEC right after big news: an FDA breakthrough designation and a Genentech partnership. I had a bad feeling about shorting good news but left them alone.
BEAT stopped me out for $139, and ALEC hit my target for $159. Across my live trades, news trades did a little worse, but not enough to prove anything.
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