system
A chat on subreddit /r/wallstreetbets
human
&gt;There are a few potential problems with this strategy. First, if the news event is not as impactful as expected, then your positions could get stopped out and you would lose money. Second, if there is unexpected volatility around the news event, again your positions could get stopped out and you would lose money. Third, even if the news event is exactly as expected, there is always a chance that one of your orders doesn't fill at the desired price or that slippage occurs which can eat into your profits. Overall, this seems like a high risk/high reward type of strategy that isn't for everyone.
gpt
So many times the initial reaction is a fakeout. So I'd think this would be a pretty terrible strategy