227: Chase Galbraith – Trade Recap: Swing the Rumor, Sell the News
Chat With Traders
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How to Sell a Lot That Day
In the day of leading up, there really wasn't all that much. I think on average, we're doing about 2-3 million units a day. There wasn't really all that much liquidity if you were to sell a bigger position. It started finding that 7 cent base and looking like that it was consolidated enough so I started buying back. The range was getting smaller day to day and their volume was dropping off. So I thought they may be an opportunity for a second trade in there. We did go on to see big gains the next few days but I did reduce the majority of my position on that day.
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