-Just because a stock ran from $0.50 to $23, doesn't mean it couldn't go to $47 from there
-treat it like others, make decision based on the chart and not on anything else
-There are ONLY 2 groups of people profiting: pro pumpers and pro shorts. Remember 99% of people always shorted early so early shorts and later chasers got ripped.
-technical analysis works perfectly here!! Never short after breakout from all-day consolidation
-Never Ever try to pick the top, this thing could easily go to $50, $60, $70!! Unworth the risk!!!!!!!! Wait for the backside/lower high with set risk to initiate short
-Same mistakes I and many others made on DGLY, ISNS, VII, LAKE, APT, VSR, PBMD, CANF, GENE, AQXP, AEZS etc. Got slaughtered on the front side and couldn't maintain the courage to hammer the backside. Momentum+volume+catalyst=LONG!! always wait until everyone got killed to start the battle!! HERO often die!! don't try to be the one!
-2 shorts scenario: 1) Morning emotion parabolic shorting, 2) Momentum stock-Wait till everyone got exhausted to start shorting, let them fight, let them die!!! Early shorts laid foundation to your success!!!
-Only 1 long setup:ABCD setup with set risk, higher low/gearing/perking/consolidating action
-Have a thesis, No bias, always have a escape plan, trade on confirmation!
-be your own psychology coach, know when should trade, when shouldn't, do everything as planed! Inhumane!! what is right for trading/survival is contrary to human traits!!!!
-From now own, I will start focusing on cutting losses by putting stop loss order, everything should go as planed, learn to hold myself accountable for EVERYTHING! good & bad.
-trade less, less is better!!!
-At the end, contemplate: all these momentum players have similar charts, why screw up again and again??!!! dig into the roots of the problems and always do retrospection and review at night!
-trade like never trade before, don't be influenced by past! every trade is independent, immersion into it!!!
-always fight quick battle!!!! Never over-staying!!!!!! Nail/bail, get out and reassess!!!
-remain cynical at all time, always ask the self, "what if"!! Having plan if things go wrong is life-saving!!!!
-100% clear head at all time !!!!! if not take the day OFF!
-get out as soon as realize: 脑热交易，逆势交易，重仓交易！Basics！！
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