UPSTART? More like UPSET… DAYTRADED – Long & Short UPST -2%

I started off short, then I was tricked into a rally.  The entire market got tricked as indices touched green.  It was only a kiss of death.  Ultimately, my day trades were flip flopped- I thought for sure the market would rally, and I had planned on it.  Turned out no one wanted to buy any bargain stocks.  My only save was re-buying UPST at the end of the day to ride up the short covering.  Ended up -2% on this trade, but because I’m overall short the market, I ended the day up 1%, even AFTER the dumb UPST intraday long.

 

In the end, I want to be swing short this stock, but I’m keeping hand the the trigger to take a shot at a end of the week rally.  I’ll try for it again tomorrow.  I won’t be able to stream since I will be volunteering at an event in the morning.

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