Wednesday, October 28, 2015

10/28_SLCA, BSQR























- strategy I used today "shorting pop" clearly didn't apply to 53m float runner
-the overall market was shooting up today and pretty much all tickers on my radar are GREEN, never overlook the macro environment
-shorting these kind of player was fine with SET RISK.
-this strategy ONLY work with a player that is up at least 20%!! anything else than that is not worth it!! so pay attention to the extent of gap-up
-cut all short position if the stock is above VWAP after 10:30am on sustainable volume and higher lows with uptrend intact NO MATTER what!!






















-tried something new yesterday ended up -$200
-remember, just because the stock is up, doesn't mean it's a short!!
-the ONLY place to short is waiting for the vol. and price start to speed up!
-again it's okay to short with SET RISK and anticipate the crack but when stock reaches stop price, GTFO!!!!! no further question is needed!
-was too busy with SLCA or I would cut my loss on BSQR earlier... touch to trade 2 tickers simultaneously at work!!! always know your environment and limitation!!

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